How Long Does It Take To Close On a House

After months or maybe even years of tireless effort put into finding your dream home, from making sure your financials were in order to going on countless home viewings, you’ve finally made your decision and the seller has accepted your offer!


We understand that becoming a homeowner is one of the happiest and most rewarding experiences in a person’s life, but it is not time to relax quite yet – you will still have to go through the real estate closing process, which can provide a host of challenges along the way.

new homeowners getting keys to house

What Is Closing Day?

When buying a home, “closing day” can be defined as the last step in the mortgage process where the home buyer takes ownership of the property. This closing date is often set in advance in the real estate contract signed by both the buyer and seller, and is often around 4-8 weeks after the offer has been accepted by the seller.

It is possible that a buyer and seller can come to terms on an earlier closing date in the purchase contract, but this is ultimately dependent on the lender. If the lender cannot perform their duties by the newly agreed upon date, it doesn’t matter which date is selected as the closing date because it will only close when the lender is ready to close.

How Long Does the Home Closing Process Take?

The home closing process can feel like it takes forever and, believe it or not, it is actually getting longer. A recent study found that, on average, closing on a home now takes approximately 50 days. Though it can be difficult for impatient home buyers and sellers, this process takes time for a reason – namely so that buyers who require mortgages can finish the loan process and property appraisal. If you happen to be part of the minority who can pay for the home with cash, your closing time may be virtually non-existent!

Home buyers should maximize the value of this time period by going over the property title and completing an Ormond Beach home inspection. The closing process also provides both the seller and buyer with time to finalize the plans for their respective moves.

home inspection

What Might Delay the Closing Process?

Unfortunately, there are a multitude of potential pitfalls during the closing process which have the potential to slow it down, including:

  • Low appraisal
  • Underwriter ordering a review of appraisal that does not match the first appraisal
  • Inaccuracies found in the buyer’s credit report
  • More debt discovered in the buyer’s latest credit report
  • New liens or judgments filed against the buyer or seller
  • Marital status change for buyer or seller
  • Required updated financial documents
  • Missing insurance information
  • Loan expirations 
  • Significant changes to loan estimate fees

Accelerating the Closing Process

If you are in a hurry to get into your new home and want to speed along the closing process as much as you can, the following steps may help: 

  • Resolve any issues with the title
  • Take care of any necessary home repairs
  • Communicate throughout the entire process 
  • Buy the house with cash

Ultimately, you can only speed up the process so much because such a large amount of the timing depends on the speed of the lender, but that doesn’t mean that you shouldn’t do your part to move things along in a timely manner.

What Documents Are Needed for the Closing Process?

Start your home closing process off on the right foot by knowing what you need. Here is a list of the documents that will be required for you to close on your new home:

couple signing home documents
  • Earnest money deposit
  • Signed escrow instructions
  • Completed home inspection or inspection waiver
  • Final home walk-through
  • Deed of trust
  • Executed promissory note
  • Purchase agreement and addendums
  • Finished home appraisal of property
  • Mortgage company loan approval
  • Signatures on loan documents

By getting those items in order now, you’ll save valuable time later in the closing process and be even closer to moving into your new home.

Buying Ormond Beach Real Estate

If you are ready to start the journey toward home ownership, don’t go it alone. Ormond Beach real estate agent Mike Glisson can help you find your dream home, answer your questions along the way, and make the closing process as smooth as possible. Reach out to Mike today at (386) 795-6050 to learn more about the most beautiful homes available in the Ormond Beach area and schedule a viewing of your favorite.

Home Seller Checklist

For many of us, what makes a home really feel like a home are all the little details and personalized touches we’ve added over the years. From the child’s height chart on the wall to that bright paint we had to have in the kitchen to match the appliances, we surround ourselves with things we are passionate about.

However, in the real estate market, the key is to present your current home as a blank slate so potential buyers can visualize how they will make it their own. This means rolling up your sleeves and putting in some elbow grease to prep your home before putting it on the market. We’ve listed the best tips and tricks to ensure you’re not spending any more time or money than necessary to sell your home.

#1 Downsize and Declutter

Now is the time to get rid of all the unnecessary “stuff” you’ve collected over the years. Conduct a thorough walkthrough of your home and make a list of items in each room that you no longer need. Clean out the garage, attic, and any storage areas on the property. Plan a yard sale or utilize apps to sell off your unwanted items and earn some extra cash in the process. A decluttered home is not only more appealing to buyers, but also leaves you with less baggage to tote with you during your move.

Declutter (keep, recycle, trash, sell, donate)

#2 Perform a Deep Clean

This step is where most of your physical labor will come in. A deep clean is not just a routine vacuuming and dusting. Every inch of your home needs to be cleansed and wiped free from dust, dirt, hair, grime, scuff marks, particles, and the like.

Areas often forgotten during the cleaning process are:

  • Inside of cabinets and drawers
  • Baseboards
  • Tile grout
  • Oven, stove, and microwave interior
  • Ceiling fans and lighting fixtures
  • Behind and under heavy appliances
  • Other hard to reach places

Even though it’s obvious that your home has already been lived in, you don’t want your buyers to get that feeling. High corners, vents, and ceiling fixtures are often forgotten and covered in cobwebs. Curtain rods, shower curtains, blinds, and drapes are also things we don’t normally bother with during an average clean up.  Keep in mind that deep cleaning your home is an easier task after you’ve decluttered.

You can guarantee anyone about to invest hundreds of thousands of dollars is going to be eyeing your home up and down, looking for everything that’s right and wrong with it. Many buyers will say no to a house that hasn’t been fully cleaned because of the work they will have to put into it before they are able to move in, and others may use the need to clean it as leverage for negotiating the price down.

#3 Repair Broken Items

All repairs should be made before putting your home on the market. Focus on small things like door handles, leaky faucets, and squeaky hinges. Most major systems will be evaluated during a home inspection, so don’t worry about the big things for now. This is also the time to remove most of your wall decorations and patch up the holes made from hanging pictures. Replace any cracked tiles, stained carpeting, or peeling countertops.

#4 Repaint Walls

One of the most popular pieces of advice is to repaint your interior walls. Even though you think it looks great as is and makes the room more appealing, it’s important to remember that not everyone has the same taste. Repainting rooms can also make them look nicer, neater, and cleaner. Say goodbye to the bold reds, blues, and oranges, and stick with more neutral colors like white, cream, beige, and light tans.

Fresh painted white walls
White minimalist living room with gray door.

Most potential buyers will pass on a home if they’re not interested in spending the extra time and money to repaint before they can even move in. Opting for lighter neutral colors provides a better chance that whatever furniture they’re bringing will still flow with the color pallette.

#5 Add Curb Appeal

Florida is well-known for its lush and tropical plant life. This is the Sunshine State, so it’s no surprise that many people spend a lot of time outdoors, hanging around the yard and enjoying the nice weather.

The exterior of your home and landscaping around it can be just as crucial to buyers as the interior. Ensure the yard is cut and edged, hedges and low lying branches are trimmed, and spruce up the walkways with some seasonal flowers. Clean out any gutters and make sure the roof is free from debris. Conduct a thorough sweep of the exterior and remove any cobwebs or wasp nests. Don’t forget about the windows! Take time to window treat the glass and keep them clear and sparkling. If your patio, driveway, or another surface are in need of a thorough pressure washing, now is the time to schedule one or pull out your pressure washer.

#6 Hire A Real Estate Agent

Hiring an experienced and personable Ormond Beach real estate agent should be the first step on your home selling journey. The overwhelming amount of paperwork and understanding of the home selling process are reason enough to hire a licensed professional.

  • Mike Glisson
  • Ormond Beachside Realtor
  • (386) 795-6050

Entering the market for sale by owner instead of using a real estate agent can bring many downfalls before, during, and even long after the sale of your home.  These downfalls can include, but are not limited to:

  • Liability, which is entirely on the seller (you)
  • No automatic errors and omissions insurance (to protect you from mistakes)
  • Smaller market reach
  • Longer time on the market
  • Lower purchase price for your home

Selling your home is an important transition that requires the knowledge and insight from a trained and experienced professional. Without such help, you run the risk of possibly being scammed out of money, the very home you are trying to sell, or even potentially being financially responsible for burdens you were not expecting because you didn’t fully understand a clause you signed.

In addition to removing those risks, real estate agents have substantial client bases that your home will be shown to which significantly outweigh the smaller market of people who may happen to come across your home by chance. With a larger showing of your home, you are more likely to sell it quickly and for an asking price you’re comfortable with.

#7 Stage Your Home

This trick makes the walkthrough more enjoyable for the buyer and allows them to better visualize themselves actually living in the home. Smell can be the first sense a buyer experiences when walking through the door, so make sure there aren’t any underlying odors hanging around that you may have become immune to. You can light candles, have soft, inviting music playing in the background, and make a batch of fresh cookies right before the buyer arrives. Since you’ve decluttered, repainted, and scaled back on the decorations, any added touch will help to achieve that welcome home feel.

From the Ocean to the Mainland and the River in Between… Your 1st Call in Real Estate ™ (10 Untapped Home Buyer Tips)

Being a local Native Floridian with 3 generations of Ormond Beachside family history, Mike Glisson knows the Ormond Beach area has a lot to offer as a community!


Continue reading “From the Ocean to the Mainland and the River in Between… Your 1st Call in Real Estate ™ (10 Untapped Home Buyer Tips)”

Looking to Sell Your Ormond Beach Home?

Just a few of the reasons you should sell your Ormond Beach home with Mike Glisson:

  • Sell Your Volusia County Home Fast!
  • World-Class Guidance, Assistance And Support
  • Home Listings Never Expires (sell on your terms)
  • Top Rated Ormond Beach Realtor with Local Expertise to Sell Your Home
  • One of the Lowest Average Days on market (call 386-795-6050 to find out)

Continue reading “Looking to Sell Your Ormond Beach Home?”