What Is the Closing Process Like?

I’m here with the answer to a great question for first-time homebuyers today: How long does it take to close on a home?

Once you’ve found your dream home, how long do you have to wait until you get the keys? There are a lot of different things that happen during the process that you’ll have to get through first. The process starts with you signing a purchase agreement and ends with you getting the keys to your new home. The stuff that happens in between is the closing time frame.

The closing process typically
takes anywhere from 45 to 60 days.

During that time frame, there is an inspection that needs to be done. There are also loan documents that you'll have to get to your lender and an appraisal from the buyer’s lender to support the home’s value. There is also a title company who will do a search to make sure there are no liens or judgments on the property.

The closing process typically takes anywhere from 45 to 60 days. A lot of it depends on the type of financing the buyer has, but that’s a normal window. Getting a closing done in 30 days is tough these days.

If you have any questions for us about the closing process or anything else related to the real estate transaction, don't hesitate to give me a call or send me an email. I look forward to hearing from you soon.


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