From the day your search begins to closing escrow, buying a house can take between 2-3 months. Once you’ve chosen the house, and the offer is accepted, the average time for completion is between 30-45 days – although cash buyers can purchase properties even faster.

Typically speaking, if a seller is remotely interested in your offer but declined it, they’ll usually initiate a counteroffer. This means you’re very much still in the game and you and your estate agent can work together to determine whether you think the counteroffer is worth accepting.