|For refi's, I can see the convenience factor. I've done my share of refi's for people who had planed a Vermont ski trip and then found out the closing date fell in the middle of the trip.|
For purchases, I would think the certainty of a table closing would be more convenient than an escrow closing. Buyer walks away with the keys and can start unloading the U-Haul. Seller can use the money to go buy his/her new home. No waiting days to see if everything goes smoothly in some office thousands of miles that you've never visited.