Are you hoping to cozy up in a new home by the time the leaves start changing color? The process of buying a house takes a little bit of time, so if your goal is to move this fall, the time to begin your journey is now!
Here's a snapshot of what to expect from the home-buying process:
Step 1: Pre-Approval | 1-2 Days
Before embarking on your home search, getting pre-approved for a mortgage is a crucial first step. This process typically takes between 1-2 days, assuming no credit repairs or additional income verifications are required. Pre-approval not only solidifies your budget but also makes you a more attractive buyer when you're ready to make an offer.
Step 2: Home Search | 3-4 Weeks
Every home search is unique, and the timeline can vary based on market conditions and your specific needs. However, most buyers generally find their dream home within a month. This step also includes exploring different neighborhoods, attending open houses, and refining your list of must-haves.
Step 3: Closing The Deal | 1 Month
Once your offer is accepted, the final steps include home inspection, appraisal, finalizing your loan, and closing. This part of the process usually takes around 30 days. Then, the keys are yours!
Keep in mind that this is a general guideline, and the timeline might shift based on various factors. Our role is to guide you through each step, ensuring your home-buying journey is as smooth and stress-free as possible.
Ready? Contact us or your favorite Raveis Elite agent and we'll send you some of our favorite resources to help you get started.
Our focus is on assisting residential buyers & sellers in every price point while specializing in listing and selling new construction & luxury properties. We are an amazing team of over 65 agents whose footprint covers Greater Boston and Rhode Island.