Steps for Closing

Closing day is near! You have found your dream home, been approved, and had your offer accepted! Now you need to become an expert on closing on a house. Here are our steps! 

 

Earnest money deposit if applicable

  • Money goes to an objective third party until all terms are agreed upon and finances are cleared. 

Home Inspection 

  • Hire an inspector to check your property

Pest Inspection 

  • Checking for termites, rodents, etc. This is done separately from the home inspection

Lock interest Rate 

  • With the help of a lender, lock in the lower rate before signing the papers

Address Contingencies 

  • Make sure all terms in the original offer have been met to satisfaction

Final Walk Thru 

  • Walk thru the property one last time to ensure there is nothing that violates terms 

Down Payment 

  • This cash payment will be made to escrow and laster distributed to the appropriate party, 

Sign Papers 

  • Officially claim the title and take the keys to your new home