Mallory Lindley Realtor
07/19/2021
Reposted from Sage & Cedar | ATL Real Estate] [SAVE THIS] How long does it take to get to the closing table once you are under contract? Well... let's find out...
The average contract 👉🏼 closing period sits around 21-30 days. Here's how it typically goes ⬇️
Week 1:
✹ Accepted Contract: everyone has agreed to the terms of the contract, and your agent will send it to the lender and closing attorney
✹ Wire Earnest Money: earnest money needs to be wired to the closing attorney's escrow account within 3-5 days of the binding agreement date
✹ Inspection: Inspection will need to be completed and a report returned
Week 2:
✹ Negotiate repairs: What repairs are you asking the seller to do? Will you be comfortable moving forward if they say no?
✹ Appraisal ordered: Appraisal will need to be ordered by the lender
Week 3:
✹ Appraisal returned: Confirming the home is worth with contract price
✹ Title Search Returned: Ordered by the closing attorney to ensure the title is clear & that there are no liens on the home
✹ Financing approval: the lender clears all financing conditions and the buyer is approved for the loan
Week 4:
✹ Reinspection: Were there any items repaired that need to be reinspected by the home inspector?
✹ Final Walk: Here is where you'll make sure the home looks as it did when you first saw it
✹ Closing: Sign your papers and walk with keys!
👉🏼 What other questions do you have about the closing process? Drop 'em in the comments!
(p.s. if you know someone in the buying process, send them this post!)
Reposted from Sage & Cedar | ATL Real Estate] [SAVE THIS] How long does it take to get to the closing table once you are under contract? Well... let's find out...
06/22/2021
So happy for my client because she really had her heart set on this place. This could be you but you haven’t called.
📲 864-378-6784
📧[email protected]
Click here to claim your Sponsored Listing.
Category
Contact the business
Telephone
Website
Address
154 Krog Street NE Suite 125
Atlanta, GA
30307