"Fast Closing"

[Michael King]

Hi everyone,

    This may be a stupid question, but this is something that confuses me a little. I always see wholesalers and investors advertizing that they can close quickly. Why is it that wholesalers and investors can close faster than other buyers? Isn't it the same process? Closing at an attorneys office or title company? What makes the process faster?

    Thanks,

                  Mike

[Elizabeth Colegrove]

We were able to close a deal in 12 days with a loan because that was the "deal" breaker for the seller. He was moved out and want to buy a house "now" as interest rates at the time were climbing quickly!

On the other hand, I am working on a deal now where the owners are buying a house and do NOT want a fast closing. So it really important to work with your client to meet their needs while you get the best deal.