Escrow Period–Typically written as a number of days
from acceptance and usually anywhere from 30-45.
+ Acceptance date
+ Schedule property inspections (general, sewer + termite) and deliver all documentation to the lender.
+ Initial deposit ( typically 3% of purchase price) to be delivered by check or wired to escrow.
+ Appraisal should be ordered by lender, disclosures are delivered from the seller, escrow paperwork is delivered for buyer’s review and completion.
Review inspections, ask any questions regarding seller disclosures, and negotiate repairs and/ or credits based on the condition of the home.
Physical contigencies typically run through the first 17 days of escrow. Loan continues typically run through the first 21 days.
Loan documents are delivered to escrow and they will schedule an appointment with the buyer(s) to sign all documents at their office.
Buyer's final closing funds are delivered.
Buyer's final walk through of the property.
Lender delivers the funds for the loan to escrow.
Escrow closes, title is recorded and keys are delivered.
Helping our clients achieve their specific goals, no matter what they may be, is the foundation of our business. We focus on successfully guiding our clients through the home buying or selling process while protecting their interests at all times.