Buying A Home
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Why won't they set a closing date?

We got an offer on our house over a month ago.  The people are doing a FHA loan.  We are buying a new house and have had appraisals done on both houses.  We are trying to do back to back closings.  All paper work is done and they haven't asked us for anything for a while.  Why won't they set a closing date?  They just keep telling us, it will probably be next week sometime.  I'd like to know so I can plan. We have 7 days after closing to move. I need to plan child care, moving truck, utilities switched, etc...It is very stressful and frustrating.

Anyone can be cool, but awesome takes practice!

Re: Why won't they set a closing date?

  • You do realize it is not the buyers who set the closing date--unless they have been approved and are just dragging their feet to set a date with the lawyers. 
    Crafts for Lily
    My Valentine Bookends (2~13~13, 2~15~09)
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  • The bank/lenders set the closing date, right?  That is who I was referring to as "they."
    Anyone can be cool, but awesome takes practice!
  • Our closing date was set in our purchase contract.
  • If the lender has not set a closing date it is because the loan has not been approved.  They may be waiting on additional paperwork, appraisal info, etc.   What is the "close by" date you agreed to in the purchase contract? 
    Crafts for Lily
    My Valentine Bookends (2~13~13, 2~15~09)
    image
  • The 22nd, but we were told that we were be closing sooner!  Guess I'm just excited, and stressed out.

    Anyone can be cool, but awesome takes practice!
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