From Contract to House Keys: Breaking Down the House Closing Process
HomeLight
OCTOBER 29, 2021
Conventional loans closed in an average of 47 days in July 2021, while FHA loans took 51 days, and VA loans required an average of 52 to close. In that case, you could get your earnest money back if you have an inspection contingency and make the decision within the period the contract specifies.
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