This timeline is based on a hypothetical transaction. All time frames are negotiable between the buyer and seller. You should consult with your realtor, loan officer, and escrow officer for the time frames in your transaction.
Typical transactions or “escrows” were usually for 45 days but due to recent mortgage changes, the typical length of a transaction is around 50 days. The mortgage industry has required extra time for borrowers to review their loan figures, prior to signing. accounting for 3-6 days in the transaction.
If you would like to speak to a realtor to go over the entire escrow process contact Joseph Castaneda at (808) 351-8394 or JosephC@BetterHawaii.com