Home buying process can be broken down into two phases (1) the finding phase, and (2) the closing phase.

The timeline for finding a home varies from person to person. In generally, I recommend 4-6 weeks depending on

  1. how specific you’re about the house you’re looking for,
  2. the amount of home for sale (inventory), and
  3. level of competition, e.g., it might take longer to get a house under contract if there are many buyers competing for the same type of house.

After you found a house that you like and have an accepted offer, e.g., the house is under contract with you as the buyer. It generally takes 30-45 days to close.

  • For cash and conventional loan, closing within 30 days is typical.
  • For FHA, VHDA, and VA loan, closing within 45 days is more practical.
  • For certain lender, you may need to allocate 60 days or longer. I always inform my clients about these lenders so that we can avoid them.
  • For an REO (bank owned) property, expect 45-60 days closing period.
  • For a Short Sale property, expect 2-4 months closing period — yes, you read that right…2-4 months.

If you have any question, please contact me.

About the author

Pinyo Bhulipongsanon

Pinyo Bhulipongsanon


I am a full-time Realtor with Berkshire Hathaway HomeServices PenFed Realty. I specialize in representing clients in the purchase and sale of single-family residences and income properties throughout Virginia and Maryland areas around DC.

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