Contract To Closing

Seller accepted offer, now what?

  1. Contract signed and dated

  2. Escrow opened and earnest money deposited

  3. Title Report Requested

  4. Seller orders termite inspection

  5. Property inspection ordered by the Buyer Original termite certificate to Escrow Company

  6. Buyer arranges insurance for home and provides information to lender and Escrow Company

  7. Loan application made

  8. Copy of inspection to Buyer and Seller Buyer provides Seller with repair priority list

  9. Lender orders appraisal

  10. Completed appraisal

  11. Seller/Buyer negotiates and then orders repair work

  12. Buyer is approved by Lender

  13. Other inspections, if needed or requested by Buyer

  14. Repairs completed and approved by Lender and Buyer

  15. Final contingencies removed

  16. Final closing date set

  17. Confirm closing figures with Escrow Officer Buyer must bring check in order to close

  18. Closing

  19. Title Policy Issued

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