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What is the length of time from sale to closing ?

Asked By Carolyn E. | Salem, OH | 622 views | Selling | 3 years ago
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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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Susan Tomsic

Coldwell Banker Heritage

(11)

30 days

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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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