How Long Does It Take to Buy a House?

How Long Does It Take to Buy a Home From Start to Finish?

On average, it takes about four to five months to buy a house. That range includes the two to three months it takes to find the right house, and another one to two months to go from contract to closing. There are a ton of variables that go into buying a house that could make things go faster or slower—depending on your situation. Letʼs break down each home-buying step:

  1. Saving a Down Payment

Saving a down payment might take a few years but If you already have a down payment thatʼs at least 10–20% of your home price, youʼre ready for the next step!

  1. Finding a Real Estate Agent

Time: A few days

Invest that time into interviewing a handful of agents so you can weed out the amateurs and only hire the best fit for your situation.

  1. Searching for a Home

Time: 2–3 months

First, you need to make a list of your must-haves.

  1. Making an Offer and Negotiating a Contract

Time: A few days

Once youʼve found the house for you, make a formal offer through your real estate agent ASAP.

  1. Scheduling a Home Inspection

Time: A few days to schedule—but only a few hours to inspect, If all

goes well and the seller accepts your offer, you should schedule a

home inspection.

  1. Finalizing Your Mortgage

Time: 1–2 months

After you and the seller settle on a contract, your lender will start

finalizing your mortgage.

  1. Getting Home Insurance

Time: A few days

The next thing youʼll need to do is set up home insurance for your

new home.

  1. Closing on Your House (Congrats!)

Time: A few hours

The final step is closing day!

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