How Long Does It Take to Buy a House? The Buyer Timeline
How long does it take to buy a house when you are getting a mortgage? This is a question that we hear quite often from clients who are looking to buy a home.
Each state is different, but here in Massachusetts the average is about 45 days from offer accepted to closing. It is important to remember that closing dates are always negotiable between a buyer and seller, however a bank does need a certain amount of time to process a loan in order to be able to close.
Jeffrey and Jason breakdown what happens throughout the transaction and what a buyer (or seller) can expect and when. Each transaction is always different, but these generalities are a great starting point.