Andy Smith is a Certified Financial Planner (CFP®), licensed realtor and educator with over 35 years of diverse financial management experience. He is an expert on personal finance, corporate ...

In a SIMO, the seller creates a mortgage note on the property ... complex steps or are processed on an accelerated timeline. Simultaneous closing may be used to describe a concurrent closing.

Average closing timelines for mortgages on the purchase of a home tend to rise and fall from month to month. Keep in mind that these are averages; your timeline may be shorter or longer depending ...