The offer can be delivered to the seller either by the buyer personally or through their real estate agent, who ensures all terms are clear.
Read MoreWho Delivers Your Offer To The Seller?Closing on a home usually takes 30 to 45 days if you’re getting a mortgage. If you’re paying with cash, it can be much faster—sometimes in as little as 7 days.
Read MoreHow Long Does It Take To Close On a Home?Until the loan’s all paid, the bank still has control. They got the legal right to take the home if you stop paying, and they can also say what you can and can't do with it sometimes.
Read MoreYou Don’t Own Your House — The Bank Does