• Kate Barnes

How Long Does It Take To Buy A House?

There are three stages to consider when buying a home. The length of two of the stages will be determined by each individual's personality and the local market conditions.

Stage #1 | Research

At this beginning stage of your journey you will have lots of questions. At this point you can either work it out yourself or get on board with a realtor. It doesn't cost you anything to start early with a realtor, so it makes sense to save yourself hours of research in having a resource readily available for you. It also gives you the opportunity to start developing a relationship with your realtor which will make your journey smoother and a lot more enjoyable.

The second person you want to connect with in the research stage of buying your home is a lender or a mortgage broker. Mortgage brokers have access to usually around 100 lenders but you may also want to speak with someone at your bank. The questions to have answered at this stage are;

How much can you borrow?

What would your mortgage repayments be?

What would your interest rate be?

How much downpayment do you need?

To find a good lending contact, you can ask your realtor for recommendations or even turn to your sphere of influence for personal referrals.

At this stage, you also want to define a loose criteria;

Which area do you want to buy in?

Do you want to buy a detached single family home, a townhome or a condo?

How much is it going to cost me to buy a fixer-upper?

How much is it going to cost me to buy a fully remodelled home?

What if I go up in size or down in size, how much will that cost me?

These are all questions for your realtor and they will be able to start setting up searches for you to help you define your criteria further.

When I start working with new clients, I like to begin with a broader search and then hone in on the criteria further as the journey progresses. This allows home buyers to be aware of all of their options and to really get a solid picture of what their home looks like.


Anywhere from a week to a month, it could even be longer depending on the home buyer's personality and how far away they are from being able to purchase a home financially.

Stage #2 | Search

Now that you have your pre-approval and you know what type of home you want to buy, it's time to go out with your realtor to start seeing homes in person. At the moment there are no open homes, so all tours will be via private showings which I love as it's a bit more of a VIP service!

Sometimes home buyers will be able to secure one of the first properties they see, but for others it can take a little longer. This again will depend on the home buyer's personality and how perfect you want your home to be. It will also depend on market conditions as in some markets, you may need to put in a few offers before being able to secure a home.

Your realtor will be able to give you advice on what a strong offer would look like to be competitive and win the home, however sometimes it does take home buyers a little time to adjust to what is required in a competitive market.


Typically anywhere from a day to a few months, again it could even be longer depending on the home buyer's personality and the specifications of your home buying criteria.

Stage #3 | In Contract

At this stage, you've had your offer accepted and you are in contract for your new home! Depending on your local area market, you may or may not have contingencies to remove to get to closing. This process usually takes 21 - 30 days however this again will depend on your local area market, the economic climate and whether your offer has contingencies to remove or not.


Typically 21-30 days

If you are planning to buy a home in the Bay Area and would like assistance, I would love to hear from you.

Kate Barnes


METIS Real Estate 415.521.6813 | |

Youtube: Kate Barnes Realtor | Dre 02092777

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