Remove Bankruptcy Remove Finance Remove Home sale contingency Remove Title search
article thumbnail

How Fast Can I Sell My House? It Can Take 75 Days or 12

HomeLight

In this article, we explain the factors that affect the momentum of a home sale with the help of Danielle Hernandez , a top real estate agent and team member with the Oldham Group in the California Bay Area. How it might take 12-75 days to sell your home. Condition of your home. Buyer’s financing method.

article thumbnail

17 Home Closing Delays and How You Can Avoid Them

HomeLight

Out of the delayed contracts, the most common causes were financing issues (37%), followed by appraisal issues (18%) and inspection issues (16%). These are the top home closing delays that could affect if and when you close on your new home, and how to overcome them. So the answer to “how long does it take to close on a house?”

Closing 112
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Avoid a Delayed Closing: 7 Common Roadblocks to Be Aware of

Redfin

Financing issues. Unless you’re submitting an all-cash offer, you’ll need to obtain financing to purchase your home. Clouds on the title. Before you can close the deal, you’ll need to make sure that the title is clear. Make sure the title company is ordering lien letters and ask to see them before closing.

Closing 62
article thumbnail

What Buyers Need to Know About Making an Offer on Active Contingent Listings

HomeLight

However, your mortgage lender will not loan you more money than a house is worth, so if the appraisal determines that the sales price is higher than the home’s actual value, as the buyer, you’ll need to be prepared to come up with the money to make up any difference. Home sale contingencies. Title contingencies.

article thumbnail

Here’s How You Can Make an Offer On a House Without a Realtor® in 9 Steps

HomeLight

There are a number of factors to consider, and you’ll need to assess your finances and take your priorities into account. There are several different factors that determine home affordability and each lender can have its own mortgage approval standards when it comes to the buyer’s credit score, income, assets, debt, and liabilities.