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How long does it take to buy a home?

Brandon Grosse

Brandon is our managing real estate broker with experience since 2001 in professional sales...

Brandon is our managing real estate broker with experience since 2001 in professional sales...

Feb 8 2 minutes read

Like most things in real estate, it truly depends.

The home search is typically the longest portion of the entire process - the search can take anywhere from a day or two, to sometimes months. Some buyers see one house and immediately fall in love with the property, put in an offer right away, and hear back within a few hours that their offer was accepted. Other buyers look at numerous properties and unfortunately never find their ideal home, or sellers repeatedly reject their offers.

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Usually though, a residential home search lasts three to six months. Through a combination of attending open houses, having private showings with your real estate agent, and simply through word of mouth from friends and neighbors, the home search can be a lot of fun.

Mill Creek Estates

Next, depending on if your financial paperwork is in order and if you’re pre-approved for a home loan, if you put an offer on a home and it is accepted, a routine closing process can typically take anywhere from 30 to 90 days from an accepted offer to the closing. The closing process takes times because it involves a licensed home inspection, a good faith (or earnest) payment to the seller, an official appraisal of the property as well as other additional tests and/or required financial documentation to the lender.  

Interested in learning more about the home buying process?  Contact us today!

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