The Home Buying Process: Once The Loan Is Approved

Frank16 May, 2020Real Estate

Endure Through It! Buying a home is definitely a process and sometimes it can take a while. Although some companies have been promising 30 days to close on a house, the closing date is most often set between 45 and 60 days after the seller accepts the offer price. An inspection must be performed on the house and an appraisal also has to be ordered. During this time the mortgage goes to underwriting and the appraisal impacts the closing process.