{"id":25567,"date":"2025-07-24T07:08:26","date_gmt":"2025-07-24T07:08:26","guid":{"rendered":"https:\/\/kimberlykramer.com\/staging\/5647\/?page_id=25567"},"modified":"2026-05-29T04:16:45","modified_gmt":"2026-05-29T04:16:45","slug":"buyers-escrow","status":"publish","type":"page","link":"https:\/\/kimberlykramer.com\/staging\/5647\/buying\/buyers-escrow\/","title":{"rendered":"Buyer’s Escrow"},"content":{"rendered":"\t\t
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A Look Inside<\/span>
Buyer’s Escrow<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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What is escrow?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n Escrow is a neutral third-party process that ensures everything agreed upon in the real estate contract is completed correctly and fairly before the sale is finalized.
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\n\n When you go into escrow, an independent escrow company holds your deposit funds and coordinates all the necessary documents, timelines, and financial transactions between you, the seller, the lender, and the title company.
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\n\n Their job is to protect both parties by making sure all conditions are met\u2014like completing inspections, signing paperwork, and funding the loan\u2014before ownership is legally transferred.
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Escrow Timeline<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\t\t\t\t\tEscrow Opened<\/span>
Once your offer is accepted, escrow is officially opened. You’ll deposit your earnest money (typically 3% of the purchase price) within three business days.

\n\nTitle & Escrow Work Behind the Scenes<\/span>
The title company verifies ownership and checks for liens, while escrow coordinates documents and funds between all parties.

\n\nHome Inspections<\/span>
I recommend scheduling a whole home inspection during your investigation period and, depending on the property, additional inspections such as sewer, roof, or chimney. This allows us to get a full picture of the home\u2019s condition early on. We can then request repairs, credits, or price adjustments if needed.

\n\nDisclosures & Documents<\/span>
The seller will provide disclosures about the property\u2019s condition along with any available inspection or repair reports. You\u2019ll review these carefully to understand the home\u2019s current state and any potential concerns.

\n\nLoan Approval<\/span>
If you are obtaining a loan, you\u2019ll work with your lender to finalize financing. This includes providing requested documents, locking in your interest rate, and obtaining final underwriting approval.\n\n

\n\nAppraisal Ordered<\/span>
If you\u2019re financing the purchase, your lender will order an appraisal to confirm the home\u2019s value supports the loan amount. This is a buyer expense. If you’re paying cash, an appraisal is optional but can still be helpful for peace of mind.

\n\nNegotiations & Repairs<\/span>
After inspections, you may choose to request repairs or credits. I\u2019ll help you evaluate what\u2019s reasonable and negotiate terms that keep your best interests in mind.

\n\nContingency Removals<\/span>
As you progress through your due diligence\u2014such as inspections, appraisal, and loan approval\u2014you\u2019ll remove each contingency based on the timelines set in the purchase agreement. I\u2019ll monitor all deadlines closely to ensure a smooth and timely transaction.

\n\nFinal Walkthrough<\/span>
Within five days of closing, you\u2019ll walk through the property to ensure it\u2019s in the same condition and any agreed-upon repairs are complete.

\n\nSign Loan + Closing Documents<\/span>
If you\u2019re obtaining a loan, you\u2019ll sign your loan documents along with the final closing paperwork. If you\u2019re paying cash, you\u2019ll sign the final closing documents only.

\n\nClosing + Keys!<\/span>
Once the loan is funded (if applicable) and the deed is recorded, the home is officially yours.

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HAVE QUESTIONS? LET'S TALK<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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