How Long Does it Take to Close on a House?

Finding your dream home, making an offer, and going under contract are extremely exciting. But all of that excitement can lead to a lot of anticipation when it comes to waiting for the closing date. What’s more, there are numerous tasks and to-dos between the time of going under contract on a home and then actually closing on a home. If you’re new to purchasing a home, here’s what you should know about how long it typically takes to close on a home in Indiana

What Happens During Closing?

During closing, the ownership of the property is transferred from the seller to the buyer. At this time, the buyer will need to sign a lot of closing paperwork, provide proof of homeowners’ insurance, and pay closing costs with either a certified cashier’s check or a wire transfer. Closing can take between one and four hours, generally—and if everything goes well, you’ll walk away with keys to your new place! 

How Long Does Closing Take?

Closing typically takes 30 days from the time your purchase agreement has been signed by all parties and is, therefore, fully executed. That being said, there are things that can delay the closing process, so it’s important to maintain some flexibility. 

What Happens Between Signing a Contract and Closing Day?

From the time that you sign your purchase agreement and go under contract to the 30-day period before you close, there are many things that need to be completed. These include:

  • Inspection—before you close on a home, you definitely want to have it inspected. You’ll have an opportunity to report any defects and request repairs before closing time. 
  • Appraisal—if you’re not paying in cash, your lender will require an appraisal. This is to ensure that the lender isn’t giving out a loan for more than the home is worth. 
  • Final walk-through—after any repairs requested following the inspection have been made, you’ll do a final walk-through to make sure everything is in tip-top shape. 
  • Loan origination—during the 30-days between when you go under contract and when you close, you’ll need to work with your lender to make sure you’ve provided all of the right financial documents and agree to the terms of your loan. 

Get Help from an Experienced Realtor

If you have questions about the closing process and what to expect, working with an experienced realtor can go a long way. Reach out to The Jana Caudill Team directly to learn more about the home-buying and closing process. We are here to help you.


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