HOW LONG DOES IT TAKE TO CLOSE ON A HOME IN SAN ANTONIO?
Home Buyer Q&A:
GoHomeSA.com - San Antonio Home Buyer Q&A.
How long does it take to close on a home?
This answer depends on many factors but typically you can expect between 30 and 60 days to be closed and funded. For FHA and Conventional loans a turn around time of 30 days can be expected while a VA loan can be closer to the 45 day mark. Cash purchases are an exception and can typically be closed with in 7 to 10 days if needed.
How far along you are in the pre approval process also plays a pivotal role, it is very important to get all documentation needed into your lender upon their request as soon as possible to avoid any delays.
Also the option period length, if a survey is needed, appraisal time table, inspection issues, clearing title all play a role with the time table of closing a loan...NOTE: if you are buying a foreclosure or short sale you should expect a MUCH LONGER PROCESS, usually months of added time.
Either way when you work with us to buy your San Antonio area home we will be sure to go over all of this with you to make sure you are aware of expectations and every one is on the same page to assure a smooth transaction!
All information deemed reliable but not guaranteed.