Can you buy a house in 30 days?

Question

okay you make a bid on a house and get it accepted,can you get the inspector and do the closing and everything in less than 37 days((maybe 32))
If not tell me the estimated amount of days

the Loan thing is already taken care of

Answer 1

You can set your closing date for whenever you want. If you set your closing date within 30 days it can actually help give you a better rate. Not a huge difference but a small one is better then none at all. The less time you have till closing makes it a little harder to get all your ducks in a row though, getting all necessary paperwork, getting appraisal and inspection, etc.

Answer 2

Yes it possible. Its going to be a busy month for you, but you can certainly do it.

The financing is ussualy the hardest part. You need to stay on top of them and make sure they put your mortgage through fast. Inspection and the such can be arranged and done very quickly

The typical closing is 45-60 days. Although the accpeted range is 30-90. Anything outside of that would a little excessive.

Answer 3

Yes. The limiting factor is the financing. Once that is settled, getting the documents drawn and done takes only a few days.

Answer 4

You can be assued that it can if you work with a direct mortgage lender who has access to the latest technology, authority to do "point of sale" approvals, and control of the file rather than a broker who may be at the mercy of someone else's pipeline.

Answer 5

The escrow on our house closed in 14 days.

Answer 6

Absolutely!

Answer 7

I've gotten deals done in two weeks, but it takes excellent cooperation from everyone involved, no inspection issues, and a vacant house.

Answer 8

Yes. Often the slowest part is getting the mortgage approved and funded.

Answer 9

Yes, it can be done. I would say around a month to 5 weeks.

Answer 10

yes, you can.