The wording doesn't specify a timeframe for the sale or a specific property to be sold. (realtormag.realtor.org)
You will be required to pay a predetermined fixed amount over specified timeframe the interest rates associated with the loan will increase at a fixed rate. (realisticloans.com)
In the offer, we will specify a timeframe for this, typically 5 - 7 business days. (centercoastrealty.com)