Your offer has been accepted, and now you're ready to open escrow. What now? These easy to understand milestones should help prepare you for the next 30-45 days.
Buyer and seller have agreed to terms and have signed a contract. Buyer's deposit money will go into escrow.
This is paperwork you need to complete, sign and send back to escrow. Requires information like social security number, insurance and vesting information.
Inspections happen. It's important they take place as intended so you are buying what you agreed upon with the seller.
This will be more paperwork with your lender.
May take place at this time. Escrow will send more paperwork to sign if needed.
Review all fees and costs of closing.
Escrow arranges for buyer to sign with a notary. Buyer deposits final funds. Escrow works with buyer's lender to fund the file, meeting any of their remaining conditions. Lender funds and Escrow sets the file to record
Congratulations!
