how long does a seller have to respond to an offer on a house in nc?
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I recommend no more than 48 hours from submission to require a response. If the seller is accessible they should be able to respond within a reasonable period of time. A verbal offer conveys only a passing interest in a property.
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Do Sellers Have to Respond to an Offer? No, they don't have to. If your offer is not the winning one, you might never hear from them. This happens if your offer is too low or the terms are too far from what is expected.
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Generally speaking, It can take between 2 and 6 weeks to get a mortgage offer. However, if your application is a little more complicated, such as you are looking to buy a non-standard build, or have bad credit, it may take longer.
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Response time for agents varies greatly. Some will be back to you in 24 hours, others a week, while some will take six weeks. A few will answer in the three to six month range.
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Make An Offer allows you to privately negotiate the price of an item by contacting the seller directly. ... The seller has 24 hours to accept, deny, or counteroffer. After 24 hours, your offer will expire. You can offer on any item that is available for sale on Poshmark.
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“There's no hard or fast answer, but typically if a buyer is getting a loan, the total under contract time is about 30 to 60 days," George explains. "If a buyer is paying cash, the closing can take place in as little as a week.”
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The average time it takes to sell a house in Kentucky in 2020 is 73 days — 38 days to get an offer and an additional 35 days to close.
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It takes about 6 months to buy a house, however this varies from move to move. On average it's 20-90 days to find a house, 15-30 days to receive a mortgage offer, 20-30 days to find a solicitor and exchange contracts then 10-30 days to complete and get the keys.
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While it's usually around 10 days, it can be as little as a week. If you're unable to get a home inspection completed in the time frame due to availability issues, contact your real estate agent right away to amend the contract.
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Sellers are required to specify how long they will take to package and ship the item after receiving cleared payment. Sellers may select a handling time between same business day and 30business days.
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But typically, most applications will take between 48 – 72 hours for a decision. In some instances, however, it may take longer. Hot tip: If you haven't heard back from the agent after 48 hours, it's a good idea to follow up by phone or email. When you do, remind them about the property address.
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Up to 3 days is a standard expiration date in the real estate industry although common courtesy among agents is to respond within 24 to 48 hours.
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There is no definite answer for this. It can range from a few days to 6 weeks. Any longer than 6 weeks (in most cases) you're doing something wrong. A few things need to be taken into consideration like the location of your property, its overall condition, the price of your property and even the time of year.
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Once your mortgage offer has been accepted, you can either resume comparing lenders or accept and continue the process. Once the details have been finalised, you should have up to 7 days to decide if it's right for you.
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The average time frame to get the value of a property is between three to four working days. The valuation can sometimes take longer to get returned. Often the seller's agent needs to let the valuer access the property and this can sometimes cause delays.
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The North Carolina real estate broker licenses are issued at no charge, but the application fee is $30 and the exam fee is $66. Licenses are issued for a one-year period ending on June 30 and the renewal process of the license begins 45 days before that date.
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The sale process can take around 6 to 8 weeks and it's only on 'completion' of the sale that the seller will receive the buyer's money and the keys are handed over. As a seller, your Conveyancer will usually provide you with a 'Completion Statement' before completion takes place.