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On-Time Closings

Paul Cardis
June 1, 2002
Professional Builder

Sixty-one percent of buyers closed on their new homes on time. The remaining 39% were delayed by one week to five months, with most of the delays taking from one week to two months to resolve. While most new homes are delivered on time, the number and extent of delayed closings are high considering the negative effect missed deadlines can have on buyers.


© 2009, Reed Business Information, a division of Reed Elsevier Inc. All Rights Reserved.
 
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