Three checkpoints control your closing timeline: the mortgage commitment (30-45 days for lender underwriting and appraisal), title and lien clearance (which can surface legacy DOB permits or ECB violations), and board approval (8-12 weeks for co-ops). Every week of delay translates to higher carrying costs and the risk that the buyer's rate lock expires, potentially killing the deal entirely.
From the seller playbook: Contract-to-Close Critical Path Mapping
This is general information, not legal, tax or accounting advice. Every situation is different. Talk to a licensed attorney, accountant or tax professional before you act.
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