Post # 1
DH and I have just started peeking around at homes. My mom is a mortgage loan officier so we’ve really lucked out with her running all the numbers so we’d know realistically what we’d be paying each month & what the down payment and interest would be.
We’ve already found a few great contenders, which makes me wonder how quickly we could potentially do this. So, how long did the whole finding-buying-closing-moving process take for most people?
Post # 3
I voted over a year but it should have been a year. We started looking in January of 2011 decided to build in May, then our house was built from the ground up from June to December. We moved in the end of December 2011.
Post # 4
We started looking and once we found the house we wanted from the time we agreed the price to the time we got the keys was just under 3 weeks, but we are in the UK so thing might be a little different here.
Post # 5
- Wedding: March 2014 - Brazil Room
I started looking in May, found one in July and was able to move in at the end of August. Doesn’t seem like a super long time in the scheme of things, but it seemed like an eternity at the time!
Post # 6
started looking in September, bought in April, closed in October.
Post # 7
We found our home and moved in in less than a month
Post # 8
Started looking in February. Offered in June. Settled in August. This was also the 3rd house we put an offer on.
Post # 9
Depends on the market where you live. I know lots of people here who have been looking for 6-12 months and are continually getting outbid by all-cash buyers. Inventory is really low, so every sale is multi-bid, and there are way more buyer trying to take advantage of low interest rates then there are homes to buy.
We really lucked out – an all-cash buyer changed their mind and we were the highest financed bid. It took us 2 months, but that is very unusual for here.
Post # 10
Depends on where you live. We are going to start building, which is estimated at about a year+. Here they say if a builder tells you it will be 8 months before we get your house done, tack on 3-6 months.
Buying, if you can even find a house, would only take about 6 months or so.
Post # 11
@MadTownGirl: I started looking in July and I put in my first offer on my house around August 15th or so. I closed on October 5.
Post # 12
- Wedding: October 2011 - Bed & Breakfast
18 months, 3 failed contracts, low housing stock for homes in our price range, and some very specific criteria that we were not willing to budge on. There are literally 16 homes currently for sale in our entire county that meet the price/lot size/location/# of bedrooms & bathrooms that we were looking for. Of those 16 currently on the market, there are 2 that I would have wanted to look at. 2 houses in an entire county. Our market was/is brutally tight, and I refused to spend that much money on a house I didn’t actually want to live in. We ended up paying more than asking price and paying all closing costs in a multiple offer situation to get this place. But it was worth it all in the end. 🙂
Post # 13
- Wedding: January 2013 - Harbourfront Grand Hall
Our process took 1.5 months, 2 weeks to find the house and 1 month to do all that closing entails!
Post # 14
It was a surprisingly fast process for us–We started looking in October, put in our offer in November, and closed/moved in in December. We only went 2 weekends with our realtor before we found a house we loved.
I lurked on listings online for more than a year, but once we started actually looking at houses I realized we had to be ready to pull the trigger immediately at any time. Depending on your market and how competitive it is, you might have to act fast if you find something that’s right for you. If there are tons of houses in your price range that meet your criteria, though, it’s easier to take your time.
Post # 15
I don’t remember, but it was about 2 months maybe? Three tops.
Post # 16
We started looking in early March, purchased mid April and moved mid June.