Estimated Timeline
The following timetable is intended to give you an idea of the timing of the Buyer’s Responsibilities between Contract Acceptance and Closing. This timetable is only a rough guide. If you have any questions, please ask me!
Immediately after Contract Executed
- Make full Loan Application (if not pre-approved)
- Pay for Appraisal and Lock-in the interest rate
- Arrange for Inspection(s): property, termite, septic, mold, environmental, etc.
First & Second Week
- Attend Property Inspection(s)
- Request repairs from Seller by Amending the Contract (if needed, after inspection)
- Have all Requested Paperwork to the Lender
- Set-up Homeowner’s Insurance & Inform Lender
- Arrange for Movers
Third & Fourth Weeks
- Notify Post Office of Address Change
- Arrange for Transfer of Utilities
- Check with Lender on extra Paperwork or Final Conditions
- Arrange Closing/Settlement Time & Location
- Walk-through to Verify Repairs Completed
- Arrange for Cashier’s Check for Closing (secured funds)
- Closing – Review Closing Disclosure, Sign Closing Documents
- Shop for Appliances, Purchase Boxes & Tape