Agree on A Closing Date

Depending on the type of property, whether you're buying with a mortgage, and the sort of loan you're taking out, the closing process for a home purchase can take anywhere from a week to 60 days. The closing procedure is divided into two stages:

  • Escrow: The time between when you and the seller sign the contract and when you close is known as escrow.

  • Closing Day: Closing day is when you sign all of the paperwork, receive the keys, and officially become the owner of a home.

  • When you decide to work with Josh Smith Buys Houses, you will get a closing date as early as possible. We can close the deal in as little as 7 days or work with you.

Clients signs document to buy house and real state

How Long Does It Take to Close on A House with Cash?

Closings can take a long time due to financing restrictions, so buying with cash can help speed things up. If you're buying with cash, you can close in as little as seven days after the contract is signed, if you agree to waive conditions.

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How Long Does It Take to Close on A House with A Mortgage?

Buyers who employ traditional financing can anticipate closing within 30-45 days of signing the contract. Because the standards for special loans are tighter, such as first-time homebuyer programs, VA, and FHA loans, they can take longer to close.

If you're having a house built, there could be delays from the builders as well as delays getting into or locating a new home, which is why having an effective closing date is crucial.

What Causes Delays When Closing on A House?

During offer discussions, you and Josh Smith Buys Houses will usually agree on a closing date. However, due to unforeseen difficulties, your closing date may be pushed back a few days. Here are some of the most typical reasons for a delayed closing.

  • Buyer financing
  • Changes to your creditworthiness
  • Low appraisal
  • Title issues
  • Homeowner’s insurance
  • Home sale contingency
  • Slow repair requests
  • Unsatisfactory walk-through

Reviews From Our Customers

The Know What They're Doing

We found ourselves in a situation a few weeks ago when we were surprised to lose our tenants in a very expensive home. Monthly mortgage payments continued to come due and we were without the income of renters...Our costs to Josh Smith Buys Houses were about half of what we would have had to pay an agent in a traditional sales process to get the same results...

Straight Forward and Honest

Maria and I would like to take this opportunity to personally thank you and your team for the terrific services you provided during your purchase of Maria’s house...there were no “catches”. It was a very straight forward and honest offer from the beginning which positively reflects the integrity and ethical conduct of yourself and your company.

Experienced and Honest

In our older years, we felt the need to downsize and simplify our lives... After having tried several Real Estate agents with no luck, we came across Josh Smith Buys Houses and were impressed with their energy, determination and marketing plan...Bottom line, they sold our house in one month and for more than we thought we’d get. Josh and his team make things happen!

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