Phase Three

Phase Three

Escrow Process

• Notify escrow of acceptance and send fully executed contract
• Wire initial deposit to escrow per terms of agreement
• Notify lender to begin the loan and order appraisal
• Sign and return opening package of escrow instructions
• Contract insurance agent regarding homeowner’s coverage
• Provide escrow with vesting (title) information
• Sign loan documents

Inspections and Disclosures

• Review seller’s disclosures and reports
• Schedule all desired home inspections, including termites
• Approve or negotiate repairs based on the inspection reports
• Review and approve preliminary title report
• Meet deadlines and remove contractual contingencies
• Schedule final walk-through prior to close of escrow