Let’s talk about how long it takes to close on a home.
You found your dream home and you’re ready to move in ASAP. Not so fast! These things take time. Here’s why: The actual time it takes to close escrow on a house could be between 4-6 weeks. This is because it now takes between 30-45 days to fund a loan. And while you’re waiting for the loan money, you’re also waiting for the title company, appraiser, inspector, and termite as well.
Here’s some ways you can speed up that timeline:
Step #1 – Know exactly what you want in a house
- Do your homework before you even start looking. That way, we can save time and only look at the homes that fit your exact criteria.
Step #2 – Find a great real estate agent and loan officer
- Finding good people to help you from the start, will make the entire process run smoothly, which will also help to make things happen as quickly as possible.
Step #3 – Work with your loan officer to figure out exactly how much you can afford
- This is a big one. One of the most common reasons for delays is when buyers don’t qualify for financing. Making an offer for a property without getting a financial pre-qualification can be a major mistake.
By taking these three steps, you’re already ahead of the game. And that’s where I can help. By using a good real estate agent, we can make the process as painless as we possibly can.
If you’re thinking about making a move, I can help you through the entire process. Let’s chat!