Escrow

The Initial Agreement and Deposit.
An effective agreement is a legal arrangement between a potential purchaser and the property’s seller. We will assist you in drafting all the paperwork for your purchase and make sure that you have copies of everything.Now that you have chosen your offer, you and the seller will be given a timeline to mark every stage in the process of closing the real estate contract. During the process we will keep you constantly updated, so you will always be prepared for the next step.

Inspections.
Once your offer is accepted by the seller, you will need to have a licensed property inspector inspect the property within the timeframe that was agreed upon in the effective contract to purchase.

Appraisal and Lending.
It is imperative that you keep in close communication with your lender, who will let you know when additional documents are needed to approve your loan application and fund your loan.

Property Insurance.
If you are obtaining a loan, you will be required by your lender to purchase a certain amount of insurance on the property.