Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
New Jersey Real Estate Q&A Discussion Forum
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 10 years ago,

User Stats

1
Posts
0
Votes
Jon Novak
  • Jersey City, NJ
0
Votes |
1
Posts

Northern Jersey Escrow and closing procedure for Cash Deals

Jon Novak
  • Jersey City, NJ
Posted

I am looking for a basic breakdown of documents/procedures/timelines for a Cash closing in Hudson County, NJ. I am familiar with the purchasing process using an agent and know that because of the Mortgage it is a pretty slow process, but I am curious to know how much faster a cash closing can get. 

I have scanned through the statutes but cant find any real useful info.

What is the bare minimum of documents and people needed to close in cash? 

Is Closing Agent and Title Company enough? 

Is there a minimum time from opening Escrow to Closing?

Are financial statements necessary from buyer/seller?

Any information would be helpful, as I am currently just educating myself in the process...

Thanks,

Jon  

Loading replies...