PROCESS LENGTH
COUNSELLING SESSION: ONE TO TWO HOURS
INSPECTING POTENTIAL PROPERTIES: TIME INDEFINITE
WRITING THE OFFER: ONE TO TWO HOURS
NEGOTIATING THE OFFER: ONE TO FIVE DAYS
BRINGING THE CONTRACT TO CLOSING BY MEETING ALL CONDITIONS: 4-6 WEEKS
During this time the following events usually take place:
- Loan application, qualification and commitment
- Inspections completed and repairs made if necessary
- Property surveyed
- Property appraised
- Title analyzed and title insurance commitment issued
- Obtain homeowner's insurance
CLOSING YOUR HOME PURCHASE: ONE HOUR |