When to Start Looking for a House

By paystubs at 11 days ago • 0 collector • 11 pageviews

Buying a house can be a long-drawn-out process with many steps in between the time you get preapproved for a mortgage and pick up the keys.

Sure, once you find the right one, it might take just a month to close with new technologies making the actual transaction piece faster, but that’s only one small part of it.

According to mortgage data firm Ellie Mae (as reported by Bankrate.com), the average time to close a loan on a home purchase in December 2020 was 56 days.

The short answer to when to start looking for a house might be now depending on your particular situation, but understanding each of the steps to buy a house will help answer that question more definitively.

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