I’m under contract, now what?

• First Week

  • Submit earnest money to the title company and collect the receipt

  • Schedule your inspection ASAP

  • Receive and sign property disclosures

  • Appraisal ordered by the lender

  • Start shopping for homeowner’s insurance

  • Inspection happens

    (Standard // Radon // Sewer scope // Lead Based Paint)

    Second Week

  • Title work received and off record title deadline - objection and resolution is possible here

  • Appraisal conducted

  • Due Diligence documents received

  • Inspection Objection submitted to the seller

  • Inspection Resolution received by the seller

  • Lock your rate with the lender, this can be best up to 15 days before closing
    

    Third Week

  • Order and complete an ILC or survey (if necessary) - objection and resolution is possible here

  • Appraisal comes in - objection and resolution is possible here

    Fourth Week

  • Loan Termination Deadline

  • review CDA with lender 3 days before closing to confirm how much you need to bring to the closing table

  • Set up electric, gas, internet, cable, trash, and recycling where necessary (title covers water and sewage)

  • Final Walk Through

  • Closing