what to expect

The Home Buying Process

What to expect when you get an acceptance

Day I - Begins day after seller's signature of acceptance

 Within 3 days we will open escrow for you and your earnest money check will be deposited. The escrow or title company is neutral third party that will receive, hold, and distribute all funds associated with your transaction.

Conduct Your Inspections

 Be available for home inspections within the first week. Get your inspections done early so time is available for specialist inspections if needed. We will help you coordinate these inspections and review the findings with you.

Remove Contingencies

 The purpose of the contingency is to give you time to do your due diligence. During the beginning of the escrow you may withdraw from the escrow without penalty if you are not satisfied with one of these and your deposit will be refunded. These are the typical timelines upon which the contract calls for contingency removal.

 Typical contingencies include:

DAY 10 Approval of the seller's transfer disclosure statement & Preliminary Title report (should receive within 7 days, have 3 days to review after receipt)

DAY 17 Loan approval, including an appraisal of the property

DAY 17 Physical inspections of the property, including pest inspection

DAY 17 Acquisition of homeowner's insurance (policy effective date is close of escrow)

Close Escrow

 When all of the conditions of the purchase agreement have been met, you will sign your loan documents and closing papers at the escrow office. ( Plan for this to happen one week prior to close, approximately day 21 for a 30 day escrow).

 You will deposit the balance of your down payment and closing costs to escrow, and your lender will deposit the balance of the purchase price.

 The deed will be recorded the next business day at the County Recorder's office and you will take ownership of your home. Congratulations!