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House cuts phase-in from liquor tax
House cuts phase-in from liquor tax
The House of Delegates gave initial approval late Saturday to a 3 percent sales tax hike on alcohol, eliminating provisions from Senate legislation that would have phased in the increase over three years.
Read more on Gazette.net
Wichita area’s Sept. home sales down from year ago
Wichita area’s Sept. home sales down from year ago
Sales of new and existing homes in the Wichita area were down in September from the previous year, but real estate brokers’ opinions differ as to why.
Read more on The Wichita Eagle
Citigroup Plans More Sukuk Sales From Turkey After Kuveyt Turk Bond Issue
Citigroup Plans More Sukuk Sales From Turkey After Kuveyt Turk Bond Issue
Citigroup Inc. plans to arrange more sales of Islamic bonds, or sukuk, from Turkey after managing a $100 million issue for Kuveyt Turk Katilim Bankasi AS, an executive at the company said.
Read more on Bloomberg
time frame for a house sale from showing to closing averages what?
we have a house for sale and the buyer saw the house on some real estate website. They viewed, offered, and their conventional loan is allowing for a closing only 27 days after they knew the house even existed. This seems short. Are they in a hurry? Is this short time frame typical of conventional loans? I think he was going with an FHA loan but closing would have been in mid August.
In your expereinces or knowledge what is the shortest closing periods? I guess cash could make things go fast. I’ve always heard 30 to 45 days, not 26 to 27. Are closing periods different depending on the type loan? How long can the real long ones take? I know repairs asked for or needed can delay things, maybe some unknown legal issue like an unknown spouse that comes forward to claim half the house for sale by the sole owner, so I can see reasons for delays. Thanks
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