Closing On A HomePosted by Gurpreet Ghatehora on
Everyone is familiar with house-hunting, even if they’ve never actually done it before. You see it on television all the time, and lots of people talk about their personal home-buying experiences. But what about closing on a sale? What happens with that, and how long does it take?
Once your offer to purchase a property is accepted and all the proper paperwork is signed, you’ll have agreed upon a ‘closing date’ with the seller. This is the date when the property officially switches from their ownership to yours. The closing date can be weeks or months from the date you sign the paperwork – and a lot goes into deciding on a date.
Anywhere from 30-90 days is fairly typical, and provides both parties with the needed time to pack and make moving…
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