Homebuying Process Timelines
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by Jamohl DeWald
- June 23, 2023
- Buying Real Estate, First Time Homebuyer, Mortgage, Real Estate
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Although timelines can vary, you can expect about a 22 to 45-day window between contract and closing. If you’ve got questions about the process, feel free to send us a message – We’re happy to help!
BetterCallADeWald 503.545.4945
The homebuying process timeline can vary depending on several factors, but here’s a general overview:
- Preparing and Saving: This stage involves assessing your financial situation, saving for a down payment, and reviewing your credit score. It can take several months to a few years, depending on your circumstances.
- Mortgage Pre-approval: Getting pre-approved for a mortgage involves submitting financial documents to a lender for assessment. This step typically takes a few days.
- House Hunting: This phase can vary widely depending on the availability of homes in your desired location and your preferences. It may take a few weeks to several months to find the right property.
- Making an Offer and Negotiating: Once you find a suitable home, you’ll make an offer to the seller. Negotiations can take a few days or longer, depending on the back-and-forth between parties.
- Home Inspection and Appraisal: After your offer is accepted, a home inspection is conducted to identify any potential issues. The appraisal is also done to determine the fair market value of the property. This process typically takes a couple of weeks.
- Closing Process: This stage involves finalizing the mortgage, completing paperwork, and transferring ownership. It usually takes around 20-45 days from the offer acceptance to closing.
Keep in mind that unexpected delays can occur throughout the process, so flexibility is important. Working with experienced professionals can help streamline the timeline and ensure a smoother homebuying experience.

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