Closing Process
1.
Buyer & seller sign sales agreement
2. Buyer
applies/obtains mortgage/financing
3. Open
escrow & place deposit
4. Monitor
mortgage application process
5. Complete
title search
6. Order
home inspection
7. Complete
home repair (if necessary)
8. Make
sure title problems are cleared
9. Obtain
formal loan approval from lender
10. Make
final walk-through
11. Buyer
signs loan documents
12. Seller
signs off title
13. Sale
closes