Buying a house is a major life milestone and an exciting time in anyone's life. But how long does it actually take to close on your house? The answer varies, depending on the type of loan you're taking out, the paperwork involved, and other individual factors. In this blog post, we'll break down the timeline for closing on your house so that you can plan accordingly. 

The Pre-Closing Process 

Before you can close on your house, you must go through the pre-closing process. This includes obtaining a mortgage pre-approval letter from the lender, submitting an offer to purchase the property, having an inspection done to check for any potential issues with the home, and signing a purchase agreement with all relevant parties. This process typically takes anywhere from 30-60 days, but could be longer if there are any delays or complications. 

Closing Day Paperwork 

Once all of these steps are completed and you're approved to move forward with purchasing your home, it's time to fill out all of the necessary paperwork required by both your lender and local government officials. This paperwork will include documents like loan applications, disclosure forms, closing statements outlining all associated fees and costs, and more. It's important to read through each document carefully before signing it so that you understand everything that comes along with buying your home. This step typically takes between 24-48 hours once everything is ready. 

The Closing Process 

After all of the paperwork is signed, it's time for what's known as "the closing." At this meeting you will sign off on any remaining documents needed for closing day itself as well as exchange keys with the seller if applicable. Once everyone has signed off on all documentation at this meeting (which typically takes 1-2 hours), then it's official —you are now officially a homeowner!                    

Buying a house is an exciting but sometimes confusing process - especially when it comes to understanding how long everything will take until you can move into your new home. Hopefully this blog post gave you some insight into what goes into closing on your house and provided some clarity about timelines for this process. With enough preparation and planning ahead of time,  you should be able to close without too many hiccups! Happy homeownership!

Licensed Florida attorneys founded Fleet Title to bring high-quality, fast, and efficient title services to Florida's residential and commercial real estate markets. Our attorneys have closed real estate transactions for over 25 years. At Fleet Title, you will benefit from our experienced attorneys at the cost of a title agent. To learn more about the services offered in Vero Beach, FL, visit www.fleettitle.com, call (772) 224-3338, or email us at info@fleettitle.com.