Sentences with phrase «long escrow period»

Make sure you know what those are at the start so that you can help weed out bidders who are not able to meet the sellers» terms, says David Silverman, a sales associate with DeBianchi Real Estate in Fort Lauderdale, Fla. «Maybe the sellers require a long escrow period because their new home won't be ready yet,» he says, «or maybe they need to close quickly because they've already purchased a new home and don't want to pay mortgages on two properties.»

Not exact matches

Due to the required HUD - approved independent counseling session, some reverse mortgage loan escrow periods may be slightly longer than that of a conventional mortgage.

The escrow period is long enough without overlooked details sneaking up on you.