Tag

closing deadline

Beating the Financing Buzzer to Closing (Just)

The Too-Good-to-Be-True Home Equity Loan When is a home equity line of credit (“HELOC”) — offered at a 2.99%, six month teaser rate — too good to be true? When, four months after the would-be Borrower first applied for the loan, the very big (and very overwhelmed) national lender still hasn’t approved it. Ticking Clock Usually,...
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Mid-Month Closing Logjam

Great(?) Minds Think Alike Realtors know that the end of the month is usually the busiest time for real estate closings. That’s especially true in Spring, and even truer this year because June 30 is the deadline for closing deals struck by April 30 to take advantage of the Buyer tax credits. So, to avoid...
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