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What is the length of time from sale to closing ?

Asked By Carolyn E. | Salem, OH | 898 views | Selling | 3 years ago
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Rising Star
15 Answers
Arlene Modarelli

Fathom Realty

Hello, If it is a CASH sale no inspections it could be 7-14 days depending on how long the title search takes the Title Company. If its a Loan it can take 30-45 days.
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Novice
6 Answers
Amy Andrews

Amy Andrews

(1)

A typical time frame to close a home purchase with Conventional Financing is 30 days, from accepted contract to funds transferring accounts. FHA and Va Financing may take a few weeks longer, depending on the Lender. Cash purchases can close much quicker.

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Novice
2 Answers
Susan Tomsic

Coldwell Banker Heritage

(13)

30 days
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Novice
1 Answer
Theresa Delaet

HOME Real Estate of Kearney LLC

(10)

Hello Carolyn. It does depend on the type of loan. Typically a government loan (Rural Development, FHA,VA) will take at least 6 weeks. It's also very important that the Buyer provides all information to the Lender as soon as possible. A conventional loan, could be put together in 4-5 weeks, that if everything flows smoothly. If a person we to pay cash, it would take up to 2 weeks, depending on Title Company and terms

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