loader image
Close
Mobile Full Width Tablet Small Desktop
  • Home
  • About
    • All About Theory
    • Meet the Team
    • Theory Companies
    • Theory Cares
    • Fill The Barrel
    • Blog
  • Buy
    • Buy With Theory
    • 2023 Homebuyer Guide
    • Home Buyer Bus Tour
    • Your Guide to the PNW
    • Featured Listings
    • Home Search
    • Sign In
  • Sell
    • Sell With Theory
    • Free Home Estimate
    • 1 Hour Cash Offer
    • Sold By Theory
  • Invest
  • Construction
  • Property Management
  • Careers
  • Contact
  • About
    • All About Theory
    • Meet the Team
    • Theory Companies
    • Theory Cares
    • Fill The Barrel
    • Blog
  • Buy
    • Buy With Theory
    • 2023 Homebuyer Guide
    • Home Buyer Bus Tour
    • Your Guide to the PNW
    • Featured Listings
    • Home Search
    • Sign In
  • Sell
    • Sell With Theory
    • Free Home Estimate
    • 1 Hour Cash Offer
    • Sold By Theory
  • Invest
  • Construction
  • Property Management
  • Careers
  • Contact

How Long Does It Take To Buy A Home?

One of the most common questions buyers will ask is, “How long does it take to buy a home?” Some folks think the home buying process all comes together immediately, while others assume it will take months before they move into their dream home. However, it’s important to remember that homes aren’t impulse purchases. It takes time to sift through listings and make your way from one home showing to the next. In addition, there are a lot of steps to the home buying process! Any one of these steps can drag out your timeline, especially if you’re not prepared. So, to help prepare you and to answer the question, “how long does it take to buy a home,” let’s break up the steps of the home buying process.

Pre-Approval

Getting pre-approved for a home loan is going to be the first step in the home buying process. How long does that take? Honestly, it depends. Some mortgage lenders can give you a pre-approval letter in as little as a few hours if you have the credit score, income, and job history required. However, if you just switched careers, or you need to repair your credit, it can take a few months. We recommend speaking with a mortgage lender to find out if you qualify for a home loan.

Finding Your Dream Home

The next (and most fun!) step of the home buying process is going to be finding your dream home. Again, how long this will take will depend entirely on you. Some people end up buying the first home they look at, while others spend weeks or months looking at homes before they find “the one.” If you’re a first-time home buyer, read our First-Time Home Buyer FAQ blog post. 

Putting In An Offer

Once you’ve found a home that you love, getting your offer accepted is going to be the third step. Unlike on “Property Brothers,” where offers are always accepted in a flash, the real world takes a bit more time. You may be tapping your fingers in anticipation, but sellers have some leeway when responding to an offer. They have three options: Whether to accept your offer, counter it, or reject it. When you submit an offer, you can expect to hear back within three days (but hopefully sooner).

Closing

The last step of the home buying process is going to be the closing period. Typically, once the seller has accepted your offer, you have to wait 30-45 days for the house to officially close. During this time will be the inspection, the appraisal, finalizing the mortgage, and the final walk through. When it’s time for the main event, bring your photo ID and stretch your hand muscles – you’ve got a lot of signing to do! But getting the keys? Takes hardly any time at all.

We hope this helped give you a better understanding of how long it takes to purchase a home! If you have any more questions about the home buying process, please give us a text or call at 253-537-HOME!

How Long Does It Take To Buy A Home

“

“I think that’s the easiest it’s ever been for me to buy or sell a home!”

Brad Rasmussen -

“

We had a distressed property in Tacoma that required a lot of repair before we could sell. The task soon became overwhelming and that’s when we contacted Theory Real Estate.  They purchased the property “as is”. Within 3 weeks,  we closed on the deal. The Theory team is amazing!!  Every person we came in contact with was friendly, professional and efficient.

John and Diane Simchuk -

“

We are new investors to this market. We met Isaac and Alan through a good friend, and we are so thankful to have met them. They are the nicest, caring, most professional, kind-hearted people we have met in a long time. We would recommend these guys to ANYONE.

Anthony & Sarah Wooden - Tacoma

“

We have bought 2 homes and sold 1 home with Theory. We would recommend them to all our friends.

Rhonda & Rickey Wilks - Buckley

“

We worked with Theory to find our perfect house, but ran into a couple obstacles with the seller. The Theory team was always there with answers and went above and beyond all of our expectations.

Ceirra & Kenny Williams - Spanaway

LET'S GET SOCIAL

Imagine it: you've just gotten off work, you make Imagine it: you've just gotten off work, you make the quick commute home with easy access off I5, it's summer time & hot as can be...you drive into your 2-car garage, open the custom made front door to your house & AHHHH air conditioning.📍 1431 Grindstone Dr SE, Olympia
💰 $480,000
👣 1,946 sqft
🛏 4
🛁 3Now it's time to let your pet outside into your spacious fenced yard, put some food on the grill, & chill in your cozy living room. Can you picture it? Good. Because there's more: 4 huge bedrooms upstairs, including a massive primary bedroom big enough for all your king-sized furniture(or a sitting area). REAL hardwood floors throughout main level, fresh interior paint throughout, and a couple of nearby playgrounds round out this awesome house. This is the best deal around!
Tranquil and highly desired 55+ community located Tranquil and highly desired 55+ community located in the heart of Kent with easy access to public transit, shopping ,dinning and parks.📍 1510 Maple Ln Unit #19, Kent
💰 $110,000
🛏 2
🛁 2Within the community you will have entry to the Green River where you can fish or take in evening sunset of the beautiful Northwest. Inside enjoy spacious open living , dining and kitchen open to one another. A large primary Bedroom with 3/4 bath and spacious secondary bedroom. Enjoy 2 covered decks, this home also includes an outside locked storage and space for 2 parking spots on carport. This charming double wide is sure to be the next place you call home!
Taking time to connect with our team makes us stro Taking time to connect with our team makes us stronger. We celebrated Pi Day last week with happy hour at Pint & Pie in Downtown Tacoma. Work hard, play hard!
We're looking forward to hosting our next Tacoma C We're looking forward to hosting our next Tacoma Connect all about Airbnbs and Boutique Hotels. We have a 🔥 🔥 lineup of expert panelists, and as always we'll have some awesome live music. If this is an industry you have a passion for or are interested in becoming a part of, we'd love to see you here!🗓 Wednesday 4/12
⏰ 6 PM - 9 PM
📍 Edison Square (5415 South Tacoma Way)
🎟 Tickets at TacomaConnect.com
⭐️ Sponsored by Team Justice - Paramount Residential Mortgage
Help us wish Aaron a very happy Birthday! We're th Help us wish Aaron a very happy Birthday! We're thrilled to have you on the Theory team and love watching you grow! 🥳
Pending Sale: This magical rambler in the Echo Gle Pending Sale: This magical rambler in the Echo Glen community has a fabulous open and spacious floor plan, that boasts of U-shaped kitchen with tons of counter space.📍 6642 57th Avenue SE, Lacey
💰 $460,000
👣 1,807 sqft
🛏 3
🛁 2The living room is right off of the kitchen which is a great space to cozy up next to the fireplace. This home has an additional den/bonus room and dining room which make this home ideal for entertaining! Vaulted ceilings and skylights create a light and airy feel. The primary room features a 5-piece bath with jetted tub and a nice little walk in closet. Rare oversized lot with a newer furnace and AC!!! Welcome Home!!
What a great evening to CONNECT! If you joined us What a great evening to CONNECT! If you joined us for the latest Tacoma Connect on "Building your dream business", let us know what your favorite part of the event was!
Calling all investors & house hackers! INCREDIBLE Calling all investors & house hackers! INCREDIBLE opportunity for a townhouse style duplex in Puyallup!📍 12602-12604 119TH St Ct E, Puyallup
💰 $774,950
👣 2,648 sqft
🛏 6
🛁 5Conveniently located near freeway access, shopping, entertainment, & more! Each side has a spacious 3 bed 2.5 bath layout & access to backyard space. Entry opens up into the living room that pours into the dining area & kitchen w/ bar top seating. Half bath on the main floor along w/ a dedicated laundry room & access to the attached 2 car garage! Upstairs features the primary room w/ an ensuite, 2 more bedrooms, full bath, & a small bonus/flex room! Plenty of off street parking for both units in the driveway that fit 3 cars for each side! Both sides have gas fireplaces! 1 YEAR HOME WARRANTY INCLUDED!

Office

5413 South Tacoma Way
Tacoma, WA 98409

Phone

253-537-HOME

Email

hello@theoryRE.com

© 2023 Copyright Theory Real Estate.  |  Privacy Policy  |  Site by Deep Root Design