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Selling to Simply: A Timeline of the Closing Process

Listing your home for sale with a Realtor might be the traditional route, but what if you need to close sooner rather than later?

Whether an unexpected change in a family situation means you need to sell a parent's home quickly, or you landed your dream job and need to relocate across the country within the month, sometimes you need to move on quickly.

Especially if your property needs some attention, making the necessary repairs and renovations, listing with an agent, and making time for showings could take months. And that is before the closing process even begins!

If you need to sell your home fast, Simply is here for you. We always aim to make sellers the best possible all-cash offer for their property. At Simply, we want you to feel comfortable and confident throughout the selling process, so here is the closing timeline you can expect when you partner with us.

What is the standard real estate closing timeline?

If your home requires repairs, it can take months to make the property market-ready. Once you renovate your house, the waiting game begins as your Realtor shows the home to potential buyers. 

As the clock is ticking, time is not the only thing you are losing. The longer your home sits on the market, the greater the possibility you will have to drop the price. 

Once you receive an offer, it can take anywhere from 30 to 45 days to progress from contract to closing. Here is the timeline you can expect with a typical real estate closing:

  1. Negotiate the offer: Both parties will agree on the home's price and dates for closing and moving.
  2. Schedule a home inspection: The buyer will most likely request an inspection. The findings of this report could lead to more time spent in negotiations and, potentially, a price drop.
  3. Complete the purchase agreement: Once the buyer and seller have finished negotiations, both parties can finalize the purchase agreement.
  4. Wait for the buyer's mortgage application: The buyer will complete the necessary paperwork to complete this application, then submit it for final approval.
  5. Complete an appraisal: The mortgage company will require a home appraisal to find the estimated value and determine if the loan matches the property's value. Sometimes, additional paperwork is necessary.
  6. Get final loan approval: Once the lender gives final approval, the buyer will be clear to close on the home.

What is the closing timeline with Simply?

Since we make all-cash offers, closing with Simply is a much shorter, more straightforward process! Because you sell your home as-is, you do not have to spend time fixing up your home for the market. This means no repairs. No updates. No showings. And zero fees!

When you partner with Simply, no inspection is required. We will schedule a time for one of our local experts to check out your property, take some pictures, and ask a few questions. If our experts find any significant, undisclosed defects, they will discuss the issue with you, which cuts down on paperwork and time spent in negotiations.

Selling for cash to Simply also takes less time because a lender is not involved. We can set our own pace!  You do not have to wait on us to complete forms and submit applications for a mortgage company's approval, nor will you be held up, crossing your fingers that your house appraises for the price we offer.

Another perk of closing with Simply? A majority of the process can happen online, so you do not have to worry about taking time out of your schedule to sign paperwork or attend closings.

Once you accept our as-is cash offer, here is the timeline you can expect:

  1. Sign the contract: Our experts will answer all your questions, and you are welcome to negotiate.
  2. Open title and escrow: We will go to the title or escrow company and put down a deposit on your home.
  3. Review and sign closing documents: We will work with you, answering all of your questions to ensure you are confident and comfortable with the terms of closing.
  4. Close and move: Whether you want to close in ten days or 60, we finalize the sale of your home on your schedule.

Simply: your key to a quick closing

Simply, we get it...Life happens! If circumstances have changed and you need to sell your house fast, you should not take the traditional real estate route.  If your home requires repairs, but you do not have the time or money to make that happen, we will buy your property for cash, closing on a timeline that works for you. 

Take the next step to "sold"! Request your free, no-obligation offer today. It only takes about 30 seconds, so enter your address to see if we are interested in your property.

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