Protection of escrow funds, etc. Repair Timeline: A timeline is established for completing the repairs.This can vary but is often within 30 to 90 days after closing. Typically, the escrow process in Northern Virginia takes about 30 to 60 days from start to completion. It has to be 30 Days or less. If getting a conventional, the most is 60 days. Escrowed funds shall be returned within thirty 30 days of cancellation, unless the parties to the contract specify in writing a shorter period. Looks like we are going to be able to close 35 days after the original close date and 4 days after the extended close date. Funds shall be returned within 30 days of the cancellation, unless the parties to the contract specify in writing a shorter period.