We Buy Houses Philadelphia

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How long does it take to go from accepting an offer on your house to settlement?

The time it takes from when a home seller and home buyer sign a contract to when the settlement date depends on whether it is a cash offer or if a bank is evolved to finance the home buyer.

Here is typically what to expect as far as time from signing a contract to settlement:

FHA: 30-45 days.
USDA: 60-90 days.
VA: 30-45 days.
Conventional: 30-45 days.

Cash: 5-30 days

If it’s a short sale: WHO KNOWS!

These results are typical, no guaranteed.

August 28, 2014 Posted by | Uncategorized | , , , | Leave a comment