Buying a home can be a long, complicated process. Here’s a complete, step-by-step guide to help you navigate all the twists and turns along the way to get to the finish line.
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The car-buying process isn’t an easy one, but buying a car can often take on two different meanings. There’s the entire process of car shopping from start to finish — test driving, checking around for a good interest rate, researching vehicles, and finding someone to buy your old vehicle.
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How quickly you can refinance a home after purchase often depends on the amount of equity you have in the home. Buyers who put down large deposits can typically refinance at will. Buyers who put down less than 10 percent may have to wait months or even years for lender approval at a good rate.
How long does it usually take purchase a home with a all cash offer? Find answers to this and many other questions on Trulia Voices, a community for you to find and share local information. Get answers, and share your insights and experience.
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Best Answer: It will depend upon the bank and your financing. Some will accept your offer and you can be in in as few as 2 weeks provided there are no home inspection problems and you are paying cash – others will take as long as a months if there are home inspection problems or your lender takes longer to process your loan.
Sometimes buying a home from the homeowner is the best bet. This person might not check your credit, and could be more flexible about how the home is purchased. Sometimes a homeowner is as eager to sell as you are to buy, and creative methods can be set up to suit both of you. The seller can carry the loan, for example.
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First, start by figuring out where and how you want to live. The more you can. [for buying a home] is ‘because it’s a good investment, I’m wasting my money on rent, or because it’s just that time.
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