How Long Does It Take to Close on a Home?
Buying a house is exciting and overwhelming all at the same time. Not only must you find your dream home, but you must secure financing too unless you’re paying cash.
The financing part causes a lot of stress for most people because they don’t know what to expect. One of the largest concerns I hear about is how long does it take to close on a home?
How Fast can you Close?
When you sign a purchase contract, it’s natural to want to close right away. But it takes time. While it varies by lender, the national average is 38 days. With higher interest rates and a slow in the industry overall, you might see faster turnaround times, though.
Sarah Arredondo
DRE 02051204