Have you finally found your dream house in Jesup, GA? Are you trying to figure out how long it takes to close on a house in Jesup, GA? Keep reading, we will provide you with the answers that you are searching for.
First, let's understand what closing is. Closing is the last step in the mortgage loan processing where the tittle phases from the seller to the buyer. Here's a scenario.
Amber has found a house that she loves on 121 Main Street. Amber puts an offer on the house and with great news, the seller accepts. The house goes under contract and Amber does all the necessary inspections and appraisals. The day of closing is finally here and Amber officially becomes a home owner.
All the fees that are associated with closing the transaction such as closing costs are paid on this day. You will also sign your settlement statement that lists all the cost related to the home sale. You also will be signing your mortgage note stating your promise to repay the loan and the mortgage or deed of trust securing the mortgage note.
So to get to the big question. How long does it take to close on a house in Jesup, GA? It can take an average of 45 to 60 days depending on the month and the season. There are also other variables that need to be factored in such as appraisal, loan and home inspection issues. Make sure these issues are handled before the scheduled closing date.