Found 1 blog entry tagged as home closings.

Are you planning on buying an Austin Texas home for sale and are wondering how long the average home closing takes?

If you’re paying cash for a house, it will take about 24 hours but if you’re buying a home with conventional financing you can expect your closing to take anywhere from 35 to 50 days.

What Can Delay Home Closings?

As with anything in life home closings can be delayed for a variety of reasons including:

  • Low appraisal.
  • Additional debt is found on the buyer’s report.
  • Mistakes are found on the buyer’s credit report that have to be corrected.
  • Liens or possible judgements that are filed against the seller.
  • Problems with the title.
  • The buyer or seller gets divorced before their home is bought or sold.
  • Required…

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