- a standard escrow timelineYou have reached the best place to better understand a real estate escrow! Read on to learn more about this time tested process of transferring real property.
- Mutual AgreementCongratulations! You have reached a major milestone in your real estate journey!
- Title search initiatedThe title company hired will go to work, doing a comprehensive look into the property from a title and property rights perspective.
- Escrow Opened!The Road to Closing!Your Escrow Officer receives a copy of your mutually agreed upon purchase contract...giving them all the information they need to "get the ball rolling". Read on for more info about this stage.
- earnest money depositedBuyer to show their good faith to purchase by depositing agreed upon amount for escrow to hold throughout escrow timeline.
- Home inspection scheduled
The buyer typically hires a professional home inspector to do a thorough property inspection.
- Make Your Own Section!Add and rearrange any components you want.
