How Long Do Closings Take?

by Julie Bryner

Real estate closings typically take 30 to 60 days from signing the purchase agreement to the closing date, though this can vary. Closing costs range from 2% to 5% of the purchase price for buyers and include expenses like loan fees, appraisal costs, and title insurance. Sellers also incur costs, such as real estate agent commissions and prorated taxes. It's essential to review estimated closing costs to understand the financial implications.