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How Long Does It Take to Close On a House With Cash in 2022? Here’s Your Timeline

HomeLight

If you’re buying a house with a standard mortgage, closing takes about 49 days , according to the June 2021 ICE Mortgage Technology Origination Insight Report. Inspections: One week to book; 2 to 4 hours to complete. An inspection can identify a serious hidden problem which could impact the home’s value. Option periods.

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Find Cash Home Buyers in Orlando for a Fast, Simple Sale

HomeLight

You don’t need the added stress of waiting for the buyer’s mortgage approval or a home inspection turning up any unpleasant surprises. With a cash home buyer, there are usually no financing or inspection contingencies typically found in traditional real estate contracts. The buyer does due diligence during the option period in Florida.

Sales 98
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Find Cash Home Buyers in Houston for a Fast, Simple Sale

HomeLight

He adds that negotiations and home inspection issues could further reduce the price by 10%. You don’t need the added stress that comes with the risk of the buyer’s financing falling through or a home inspection turning up unpleasant surprises. The buyer does due diligence during the option period in Texas.

Sales 93