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How long does it take to close on a house?

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cj7305
=)

Member since 8/05

12296 total posts

Name:

How long does it take to close on a house?

We are newbies and just starting this whole buying/selling process. I know it varies but once your offer was received how long did it take you to close and actually move into the house? TIA!

Posted 3/13/17 9:38 PM
 
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LuckyStar
LIF Adult

Member since 7/14

7274 total posts

Name:

How long does it take to close on a house?

6 weeks from offer to close. We chose to move in a couple weeks later, but we could have moved in that day.

Posted 3/13/17 10:02 PM
 

PennyCat
Just call me mommy :)

Member since 7/08

19084 total posts

Name:
Jib

Re: How long does it take to close on a house?

Our contract was for on or around 60 days later. It was accurate, about 8 weeks.

Posted 3/13/17 10:15 PM
 

RainyDay
LIF Adult

Member since 6/15

3990 total posts

Name:

How long does it take to close on a house?

45 days

Posted 3/13/17 10:30 PM
 

JoanneAndJustin
LIF Adult

Member since 2/09

1801 total posts

Name:
Joanne

How long does it take to close on a house?

8 weeks for us.

Posted 3/13/17 11:05 PM
 

chilltocam
LIF Adult

Member since 11/11

9141 total posts

Name:

How long does it take to close on a house?

The general time frame is 2-3 months. It can depend on the bank/mortgage company and the terms that the parties agree on.

Posted 3/13/17 11:28 PM
 

Funkybutt
LIF Adult

Member since 4/15

3049 total posts

Name:

How long does it take to close on a house?

It takes a crazy long time in NY. All the other states I've been in take less than 30 days. When we bought our LI house - we tried to get them to go as fast as possible and it took over 2 months. We're selling our house now and trying to go fast bc we had to move out yesterday (DH starts a new job in another state) - and it's just over 2 months now.

If issues come up (things that need to be fixed after an inspection, securing the mortgage) it could push the timeline back.

Posted 3/14/17 9:22 AM
 

alli3131
Peanut is here!!!!!!

Member since 5/09

18388 total posts

Name:
Allison

How long does it take to close on a house?

about 3 months.

Posted 3/14/17 9:23 AM
 

LSP2005
Bunny kisses are so cute!

Member since 5/05

19458 total posts

Name:
L

Re: How long does it take to close on a house?

Six weeks.

Posted 3/14/17 9:26 AM
 

dancerlife
LIF Zygote

Member since 4/15

32 total posts

Name:

How long does it take to close on a house?

Ours took 10 months.... results not typical. This was thanks to both real estate agents knowing nothing about the issue with the sale. The only way I got info was my RE attorney and my own reserch. Good times

Posted 3/14/17 9:37 AM
 

adn16
LIF Adult

Member since 5/10

917 total posts

Name:
A

Re: How long does it take to close on a house?

Took us 2 months to close and we were in 1 week later.

Posted 3/14/17 10:11 AM
 

TwinMommyToBoys
LIF Adult

Member since 12/16

2346 total posts

Name:

How long does it take to close on a house?

Contract to close was 88 days for us... it took FOREVER!!!!

Message edited 3/14/2017 2:34:50 PM.

Posted 3/14/17 10:56 AM
 

luvbuffet
LIF Adult

Member since 7/10

6470 total posts

Name:

Re: How long does it take to close on a house?

Took me 8 months to close on my co op. I threatened the bank and told them if it drags out any longer, I will just buy the apt with cash. Closed the following week


My ex neighbors bought a house with an fha loan and said it was a nightmare. Took them 4 months

Houses I have been stalking that we liked but weren't perfect for us have closed 30-60 days.

Posted 3/14/17 11:07 AM
 

Hofstra26
Love to Bake!

Member since 7/06

27915 total posts

Name:

Re: How long does it take to close on a house?

Took 2 months for us! NY is a longer process then some other states.

Posted 3/14/17 11:15 AM
 

cj7305
=)

Member since 8/05

12296 total posts

Name:

Re: How long does it take to close on a house?

Thanks for the feedback everyone!

Posted 3/14/17 11:24 AM
 

TheDivineMrsM
2 girls 4 me!

Member since 8/08

7878 total posts

Name:
Mama mama mama....

Re: How long does it take to close on a house?

Figure on 12 weeks. We signed contracts on Feb 21, closed June 2, moved June 6. We also had to coordinate the sale of our first house.

Posted 3/14/17 11:26 AM
 

JennZ
MY LIFE!!

Member since 8/05

25463 total posts

Name:

Re: How long does it take to close on a house?

we closed just under a month from contract to ownership. we were both ready so it went quick.

Posted 3/14/17 11:35 AM
 

gina409
TWINS!

Member since 12/09

27635 total posts

Name:
g

Re: How long does it take to close on a house?

2 and a half months for us

Posted 3/14/17 12:33 PM
 

KarenK122
The Journey is the Destination

Member since 5/05

4431 total posts

Name:
Karen

How long does it take to close on a house?

4 months - due to the seller.

Posted 3/14/17 1:26 PM
 

NYCGirl80
I love my kiddies!

Member since 5/11

10413 total posts

Name:

Re: How long does it take to close on a house?

Ours was 3.5 months from offer accepted until we moved, but we were waiting for the sellers and we were in a flexible situation.

Posted 3/14/17 2:31 PM
 

CL2012
LIF Toddler

Member since 1/13

374 total posts

Name:

Re: How long does it take to close on a house?

From fully executed contract to closing was 5 weeks for us. All of our financing ducks were in a row and neither party was selling or buying another property so everything moved quickly.

Posted 3/14/17 4:41 PM
 

PitterPatter11
Baby Boy is Here!

Member since 5/11

7619 total posts

Name:
Momma <3

How long does it take to close on a house?

4 weeks

Posted 3/14/17 6:18 PM
 

ChristinaM128
LIF Adult

Member since 8/12

4043 total posts

Name:
Christina

Re: How long does it take to close on a house?

Almost 3 mos. The bank was the biggest pia. I'm never moving again.

Posted 3/14/17 8:20 PM
 

MrsG823
Just call me Mommy.

Member since 1/11

5570 total posts

Name:
S

How long does it take to close on a house?

Ours took five months- my mortgage processor was a mess- she was totally clueless- in the end we closed on the last day of our mortgage commitment at 4 pm.

Posted 3/14/17 9:16 PM
 

lightblue
LIF Adult

Member since 1/17

2249 total posts

Name:

Re: How long does it take to close on a house?

I don't think it should take more than 2-3 months, in our case it took longer due to issues with the sellers. We ended up closing with money in escrow.

Posted 3/15/17 8:47 AM
 
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