Tuesday, February 23, 2016

How Long Does a Louisiana Home Sale Take to Close?

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Today we are going to discuss a key step in the home selling process, how long it actually takes to close on a home after you’ve already gone under contract.

The real answer is that it varies, as a closing can take anywhere from 2 weeks to 2 months to go through. Usually, you are looking at a 30-45 day closing period. It really depends on the buyer’s situation, especially the type of loan they have. If a buyer is paying with cash, for example, the closing might only take 2 weeks. If they have a rural development loan, that might take closer to 60 days.



Keep in mind that in today’s market we are selling homes that have been on the market from 1 to 30 days, so we are seeing homes stay on the market for an average of 60 days from the time they are listed until the sale is final. If you’re thinking about selling in the spring market, now is a good time to contact us so we can show you how to get your home ready for the market.

If you have any questions or you’re thinking about selling, give us a call or send us an email. We would love to help out any way we can!
 

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