Editor’s Note: The NAHB/First American Improving Markets Index (IMI) is usually released on the fourth business day of each month at 10:00 a.m., ET, unless that day falls on a Friday – in which case, the index will be released on the following Monday.

It took another six days to get everything through underwriting and the bank set the close date 8 business days later (12 calendar days).

I think in that particular case it took three business days.  

As I'm sure you're aware, I cannot provide you with any client names, but hopefully there are some on this forum who may feel compelled to let you know their experiences.General turn-around time for a real estate closing, with a fully funded account with available cash and all investment documents and authorizations in good order, is 5 - 7 business days from receipt of docs.

I recently tried to get a loan and the company offered me 300 dollars and said it would be deposit in my account the next business day I signed and agreed to their terms two hours later I got an email saying they won't be getting the loan is this leagle 

I then leaned over the counter to speak to the Assessor and he stated that I would have it in 24 hours.Well I got it in 3 business days.

Also required is a Right of Cancellation notice and a five business day waiting period when the seller can cancel the contract with no penalty.

DEPOSIT: Within three (3) business days, Buyer will place in escrow an earnest money deposit of $500.00 with Title Company which will be part of the cash paid to Seller when title transfers.

That is a positive.I see no signage indicating it's apartments, no tombstone sign, no building signs. no NOW RENTING banners, no flags at the curb indicating Now Renting, (no unit being used as a temp rental office where you can sit all business day--you have 100% vacancy--12 units!!!)

It does take 5-7 business days to receive the payment once the tenant submits it online but other than that it works great.