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Updated 5 months ago, 06/30/2024
30 Day Closes a thing of the past? Vendor Issues piling on as market shifts- Thoughts
(Eastern PA)
We've been noticing some trends lately and waned to see what everyone else is experiencing... It seems like 30-day closings are becoming less and less common. More issues arising with insurance, underwriting, appraisals, and more. Is anyone else feeling this?I know we deal alot in the non QM space, and that's part of the issue, but overall vendors are having trouble performing in the timelines for some deals.
We've set up a series of checks and balances to avoid these delays, but curious as to your thoughts.
- Matthew Morrow
- [email protected]
- 484-791-6200
The Morrow-Wargo Group
35 Reviews
5.0 stars