Escrow Opened
Upon acceptance of the offer, escrow is officially opened and the transaction process begins. The buyer is expected to deposit their earnest money within three business days.
Title & Escrow Work Behind the Scenes
The title company verifies ownership and checks for liens, while escrow coordinates documents and funds between all parties.
Buyer’s Inspections
Expect the buyer to schedule a whole home inspection and possibly additional inspections such as termite, roof, chimney, or sewer. During this time, inspectors will evaluate the property’s condition and may recommend repairs or further review. I’ll coordinate access and guide you through any findings so we can respond strategically.
Disclosures & Reports
You will complete the required disclosure forms detailing the property’s condition, history, and any known issues. You may also need to provide documentation such as utility costs, improvement records, permits, HOA information, and any prior inspection reports from when you purchased the home, if available.
Appraisal Ordered
If the buyer is obtaining a loan, their lender will order an appraisal to confirm the home’s value. I’ll coordinate the appointment and meet the appraiser to highlight key features and upgrades. Even if the buyer is paying cash, they may still choose to order an appraisal for their own due diligence. This provides an independent opinion of value and can offer additional peace of mind before moving forward.
Negotiations & Repairs
The buyer may request repairs or credits after inspections. I’ll help you evaluate the requests and negotiate terms that protect your bottom line.
Contingency Removals
As the buyer moves through their due diligence, they’ll begin removing contingencies (inspection, appraisal, loan, etc.). I’ll track these deadlines to ensure everything stays on schedule.
Final Walkthrough
Within five days of closing, the buyer will do a final walkthrough to confirm the property’s condition is unchanged and that any agreed-upon repairs have been completed.
Signing Closing Documents
You’ll sign final paperwork—often through a mobile notary or at a local escrow office.
Close of Escrow & Keys Delivered
Once the buyer’s loan funds and the sale is recorded with the county, escrow officially closes. Funds are disbursed, and keys are handed over.
