You’re ready to move on from your current living situation into something newer, bigger, and better. Perhaps you’ve finally saved up and achieved the financial goal that you were working towards. You’ve waited long enough and you’re ready to find your dream home right now! It’s also possible you’re coming to the Wake Forest area for work or school, with a start date looming in the future. Maybe your family is expanding and you’re on a time frame for when your newest member will arrive and need their own room. Whatever the reason, you’re ready to find a house in Wake Forest and want it to go as quickly as possible.
Timing is crucial when you’re buying a new house. Making a mistake and not timing it correctly could mean paying two mortgages at the same time, or going the other way and living out of a hotel or at a friend’s house if your closing runs longer than expected. Will this take a long time? What time frame can you reasonably expect? We’re so glad you asked!
The timeline can be tricky to predict. It typically takes anywhere from four weeks to six months to shop for and close on a house. It takes a week or two to find a real estate agent. It takes another week or so to be approved for the mortgage. This process usually only takes a few days to a week. It can stretch longer if your finances are complicated. In just a few days, you can browse online listings and make a list of what you want and need. Once you’re ready to view houses, this is where the time frame can be quickly or slowly. If you love the first home you view, you can put in an offer in and be done with it. If your offer isn’t accepted or you don’t like the home enough to want to buy it, you move on to the next one. This is repeated again and again until you find a great house and have your offer accepted. Once this is finished, you have another month or six weeks to have it inspected and appraised, and then closing.
If you’re thinking that is a very wide range, we agree! That’s why you’ll want to do everything possible to land in the lower end of that spectrum, rather than the group of people who take six months to find a new house.
According to Zillow research, about half of buyers searched for less than three months, but 13% shopped for seven months to a year. What can you do to move things along quickly? Looking at the information above, it may jump out at you. The number one thing you can do to make the entire process go faster is to absolutely love the first home you view! This will make the difference between moving into your new house in six weeks and six months.
You don’t just want a house; you want a home. Wouldn’t it be great to nearly guarantee the first home you view will be the right one for you? If you find a House in Wake Forest that is located in Holding Village, we feel confident that you will! That is because our neighborhood has some of the best homes in the area today.
Your soon-to-be new home is waiting for you in Holding Village! It isn’t just the house itself, though. Beyond the new Wake Forest homes in Holding Village, you will also find a fabulous lake, plus parks and trails. Living in Holding Village means saying hello to your next door neighbors from your front porch, playing poolside with friends and family, riding your bike, taking your dog for a run, and fishing at Lake Holding. When you know a neighborhood is this great, it takes a lot of the guesswork out of house shopping and shortens the process significantly.