 |
|
| · |
Escrow
is opened and buyer deposits "earnest money" into escrow. |
| · |
Seller
submits documents and information to escrow holder, such as:
- addresses of lien holders
- tax receipts
- equipment warranties
- home warranty contracts (if any)
- any leases and/or rental agreements. |
| · |
Seller
approves and signs the escrow instructions, grant deed and other related
documents required to complete the transaction. |
| · |
Seller
orders inspections, receives clearances and approves final reports
and/or repairs to the property as required by the terms of the purchase
and sale agreement (responsibility for inspection procedures may vary). |
| · |
Buyer
and Seller fulfill any remaining conditions specified in the contract
and/or escrow instructions; approves the pay off demands and/or beneficiary's
statements. |
| · |
Buyer
and Seller approve any final changes by signing amendments to the escrow
instructions or contract. |
| · |
Buyer
and Seller fulfill any remaining conditions specified in the contract
and/or escrow instructions; approves the pay off demands and/or beneficiary's
statements. |
| |
Note:
The above is general information only. Your situation may differ. Please
consult your real estate professional for details about your specific
situation. |
