The answer to this question depends a lot on how quickly you find the home that you want to purchase. We can look as often as you are able to go out and view properties. A buyer will need to budget his/her time to view the properties. Some of the leg work can now be done on the internet as many properties do have several pictures/virtual tours attached to their listings. Then we have the negotiation process which can take a couple of hours to a couple of months depending on whether the property is a foreclosure, short sale or privately owned. Once the negotiation process is completed and we have come to a meeting of the minds over terms, the mortgage approval process is started along with closing process. If it is a cash transaction, this could cut 2-3 weeks off of the timing involved. After mortgage approval, we go to close. Lots of paperwork is signed, money is exchanged for keys and the new owners can start their move.

Posted on Tuesday, January 27th, 2009 at 2:25 pm and is filed under Questions and Answers. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.