How Long Does It Take to Buy a House?
One of the biggest questions and most common questions asked is, how long is it gonna take for me to buy a house? Now, the simple answer can be, oh, it's gonna take 30 to 45 days to close on your house, but that's when you find your home. So once you come under contract, it's gonna take about 30 to 45 days for you to get the keys, sign all your documents, and actually be a homeowner. Now, where the answer kinda get a little vague is how long it's gonna actually take you to find a home.
We always have to reverse engineer, and say its the middle of October, if your goal is to be inside a home before Christmas, you have 70 days or so to actually find one, so you should be looking right now because it can take you 30 days, 2 months, 6 months, even more. Because, if you're wanting a house and it's in a specific neighborhood and you have a long list of necessities that you need, well, if there's not a lot of listings that come up in those certain neighborhoods, well then it can take you longer.
A house may not be available for 2 or 3 months. Or you may not even get the house that you want when you make an offer because you're competing, so it may actually take you 2 or 3 homes. If you're looking for an investment or maybe you're looking for a condo that you wanna live in for the next five years and then move up from there, you can find the house in 30 days, even if it is a larger home.
Some people are fortunate to find their house in the first week. Some people, it takes them two or three months, even more. So it really depends on, okay, how long am I going to wait until I can finally find that perfect home? Or how long is it gonna actually take to find it? Because the longer you wait, obviously the longer the timeline's gonna be. So once you close on your house, gonna be 30 to 45 days, but depending on your patience level and how in a hurry you are to actually find your home, it could take you a week, it could take you a couple of months.