We can't estimate how long this will take

[sumaiyakhatun29]

It could be fast, it could be slow. But if you set a competitive selling price like I showed you before, you can probably make a rough estimate of around 3 months. The loan and legal approval process takes about a month from the date of finding a buyer. Transfer period. This depends on the type of property ownership.


For freehold properties with individual grants, it is usually 3 months. cayman islands whatsapp fan While for leasehold properties with restrictions, it is around 6 months. So, we can summarize the estimated sales period as follows. Freehold property without restrictions: 3 months to find a buyer, 1 month to get loan and legal approval and 3 months to transfer ownership. The total time frame is around 7 months .


The process of selling a freehold house without restrictions Leasehold properties: 3 months to find a buyer, 1 month to complete the loan and legal formalities and 6 months to transfer ownership. The total time frame is around 10 months . leasehold house sales process But I also want to mention that there are many other situations that can delay the transfer process. To find out more, you can refer to the article: How Long Does the Process and Time to Get Money for Selling a House Take? Step 5 Prepare Documents Here are the documents you need to prepare to sell a house.