Are you planning on buying a home in Auburn or buying a home in Opelika and are wondering how long it really takes to close on it? One recent study found that closing times are getting longer—on average it now takes 50 days. And while that may seem like an eternity to eager buyers or sellers, there’s good reason this doesn’t happen lickety-split. For one, buyers who require mortgages must finish the loan process and property appraisal.
Home buyers should also use this time to complete their due diligence by reviewing the property title and completing a home inspection. This chunk of time also gives both the seller and buyer time to plan their move.
How Long Does It Really Take to Close on a House
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