How long does it take to buy a house?

When you are in the market for real estate, you may be like many first-time homebuyers who want to know, “how long does it take to buy a house?” The answer depends, of course, on several factors, but there is a way to gauge your expectations. And while it’s hard to pinpoint exactly how much time will transpire between finding the house of your dreams and signing on the dotted line, the good news is you won’t have to wait forever.  

Generally speaking, buying a home can take up to six months, but where you fall on the scale will depend on certain factors, such as whether you are paying for the house with cash or taking out a mortgage. Cash deals are harder to come by, but they will be faster. Otherwise, you might expect it to take closer to half a year if there are no contingencies that can slow down the process. In the interim, be prepared so that you won’t be delayed due to missing information. For example, know your credit score, get your pay stubs in order, have the down payment ready, and avoid racking up more debt in the meantime.

Explore Total Mortgage’s Home Buyer Options 

Now that you know more than the average home buyer, you are well on your way to purchasing your dream home. Gone are the days of having to leave your fate in the hands of the local bank. Technology lends itself to a smooth mortgage process online. Get a personalized quote to learn how much you can afford.