Posted by NC_Notary on 3/31/11 12:34pm
Msg #378113
Is anyone else as slow as I am?
I usually average about 10 closing a week and now for the past two weeks it has been down to 1 closing a week. What is going on?
TIA
|
Reply by MW/VA on 3/31/11 12:36pm
Msg #378115
Extremely slow for me, also. March did end up better than Feb. though. I've been shocked at how quiet it's been this week.
|
Reply by C. Rivera Chicago Notary Services on 3/31/11 12:46pm
Msg #378120
Same here...read somewhere, the foreclosure sales are not
selling as fast anymore, and that housing sales in general have taken a slump lately...I guess new home buyers are getting a little bit more picky about those short sales and foreclosure sales....could be financing is taking a bit longer as well...
|
Reply by jba/fl on 4/1/11 1:54am
Msg #378245
Re: Same here...read somewhere, the foreclosure sales are not
I'm seeing articles in papers saying that people are getting stuck because of missing notes, mtgs, etc. and can't move into their foreclosure purchases; living in hotels, etc.
http://articles.orlandosentinel.com/2011-03-30/business/os-foreclosure-extended-stay-20110330_1_extended-stay-hotels-value-place-foreclosure-and-renters
|
Reply by James Dawson on 3/31/11 1:07pm
Msg #378121
People are also hearing how loan the process is taking and really don't want the hassle. Also waiting for the new interest rates to come into play. IMO
|
Reply by Shoshana/AZ on 3/31/11 1:12pm
Msg #378123
In the last 2 weeks, people have been telling me that their process is from 4-9 months!
|
Reply by ME/NJ on 3/31/11 3:17pm
Msg #378156
Week was slow, today was good
3 purchase closings printing out docs for last one. All them at a very good price.
|
Reply by Frank/NC on 3/31/11 3:20pm
Msg #378158
At a total snail's pace here.
|
Reply by Jodith/WA on 3/31/11 4:46pm
Msg #378169
I was rocking along in Dec/Jan, Feb was a bit slow, then March has been much slower. I'm in line now for 4 this week, had 3 last week, 2 the week before.
I'm still getting some new clients, though, so I'm hoping things will continue. I have some other ways to bring in income that I can fall back on if I need to, but I'd really rather this business pick up enough for me to keep my extremely modest standard of living.
|
