(If you don't know American real estate, a title company is an intermediary that makes sure the title is clean, surveys the property, offers insurance against title drama, may offer financing on the sale, does escrow, and gives you a room with lawyers to sign final papers in)
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I just closed on a new house in Oregon and it was fine. Normal 30 day close, everything went smoothly, etc.
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I'm currently closing one in two weeks, so I really doubt this is true.
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It's true in my neck of the woods, but we live in a big country, hence the tweet asking about it.
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We closed in normal time about a year ago but it took many months for the sale to actually get recorded by the county.
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CO in June was customary 30 days.
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No idea, but it's pretty funny that the long pole in the tent is the useless grift part.
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That said I think it took a week or two to get a title company slot for a recent refi out here in the great state of Washington.
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MT August/September, 27 days, no title problems.
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So the housing market where I live is quite hot and has been for about a year+. (Madison WI). No evidence that there are closing issues but big issue is low inventory so I think that’s constrained any closing issues.
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