Click here for some answers. Good luck to you Luz!

Execution?  Out here we use "Fully Executed" to mean all parties have signed off on the contract.  That could be 1-3 days, sometimes more depending on negotiations.

Or are they referring to completion of the escrow, which is typically 30 days from a fully executed contract, but can be as long as 45, 60, 90 or even years in some cases.

Then there are cash offers, which I've seen close in as little as 1 DAY.

It all depends in this crazy world.  You might be able to close a cash deal in less than 7 days but this is not the norm.  45 days is the new norm for a financed deal.  

30-45 days for a typical residential real estate contract and up to a year or more for a commercial parcel.

30 to 45 days Luz

I am with Ryan Huggins - Thousand Oaks, CA 

Let's define "Execution"  ... which will help avoid misunderstanding and miscommunication. 

Today most Residential Settlements ( in our area) seem to occur between in 30 to 60 days 

There is no "typical" timeline.... it's a negotiated time period between buyer and seller. And you're not being very clear... are you talking about the ratification of an offer to make it a contract or the final execution of a settlement?

 Cash deal with no inspections or appraiser 3 days.

 Cash deal with inspections depends upon how fast you can get the inspector(s) to the house.  Right now 7 to 10 days.  In a boom market it might be two weeks or more.

 Mortgage deal 30 to 45 days, maybe longer if it's an Assistance Loan.

In my area, 45 days is the norm on the contract

Tyical,hmmmmm.....
It depends. 
For example in Iowa, where most homes will be purchased via FHA, the timeline to CLOSE is 4 to 6 weeks.
In Florida, where a lager portion of homes are CASH purchases from retiree or self-directed 401K's the timeline to CLOSE can be 4 days to 2 weeks.
Then, in both cases there is the home inspector whose search for relevance creates unnecessary mayhem for everyone. This can add a month to the closing timeline.
I'm sure Utah has it own unique tradition.
So, it depends.

Luz,

It depends on circumstances that may arise during the process of closing. Wishing you all the best in your studies.  A

Click on the link to find out:   Click Here

30 - 45 days is the expected timeframe BUT y9u never know what wil lhappen

Much will depend on the terms of the contract and the type of financing that is being used.

Depends on the financing typically. Those with cash can close as quickly as the title company can produce the preliminary title report - some as fast as a few days.  With financing, it is usually 30 to 45 days depending upon the speed of the appraisal and approval by underwriting.

Typical the word...is misleading as all properties, people and transactions are unique and different. Allow 60-90 days and beat the allowance as you choose

Clearly there are variations, but one would hope for inside of 30-45 days.

I will skip the discussion about the need to define what "execute" means as it is used in the context of forming a contract.

To close a transaction once a contract has been formed typically takes thirty-ish days. Sometime more (especially these days) and sometimes less. Sometimes, in the case of a cash purchase, much less.