earnest money deposit
The earnest money deposit (amount agreed upon in contract) is due within 3 days of opening escrow. The deposit is refundable if the buyer properly exercises their contingencies.
disclosures
You must provide the buyer with disclosures for the property. This includes anything you know about the property that could be a material defect that effects the value of the home. At this time you will also provide disclosures about your HOA, if applicable.
home inspection
The buyer will typically have the home inspected. If you have not already, immediately install a Carbon Monoxide (CO) detector on each floor of the home. Also, ensure that all smoke detectors are working, and the water heater is double-strapped to code.
appraisal
The lender will order an appraisal at the beginning of escrow. We will coordinate with you to make your home available for the appraisal inspection. The inspection will typically take 1 hour.
repair negotiations
You may or may not receive a request for repairs from the buyer. Typically the requests are kept to health/safety/code issues and excessive damage. Repairs will be negotiated within the first 17 days of the escrow period.
termite inspection
The seller typically arranges for and pays for a 3rd party company to inspect the property for termites. Whether or not the Seller provides clearance and completes work will depend upon upfront negotiations.
loan process
The loan process runs concurrent with escrow. The buyer has 21 days to receive loan approval.
remove contingencies
The time frame for loan approval is 21 days, and 17 days for everything else. The buyer will be asked to remove contingencies at this point. Once contingencies are removed, the initial deposit is at risk if there is a breach of contract.
sign loan documents
A few days before the close of escrow, the buyer will receive loan documents from the lender. Escrow will arrange a time to sign at your convenience. Typically the loan funds 1-2 business days after signing, and you record escrow the next business day at 5pm.
misc. documents
Most of the paperwork is handled at the beginning of escrow, but there are always a few documents that need to be signed throughout the transaction. Please sign them as you receive them in order to keep the process moving forward.
final walk through
A few days before the close of escrow, the buyer will do a final walk through to confirm that any agreed upon repairs have been completed, and that the home is in the same condition as when they initially made their offer. The buyer may or may not request your presence.
The earnest money deposit (amount agreed upon in contract) is due within 3 days of opening escrow. The deposit is refundable if the buyer properly exercises their contingencies.
You must provide the buyer with disclosures for the property. This includes anything you know about the property that could be a material defect that effects the value of the home. At this time you will also provide disclosures about your HOA, if applicable.
The buyer will typically have the home inspected. If you have not already, immediately install a Carbon Monoxide (CO) detector on each floor of the home. Also, ensure that all smoke detectors are working, and the water heater is double-strapped to code.
The lender will order an appraisal at the beginning of escrow. We will coordinate with you to make your home available for the appraisal inspection. The inspection will typically take 1 hour.
You may or may not receive a request for repairs from the buyer. Typically the requests are kept to health/safety/code issues and excessive damage. Repairs will be negotiated within the first 17 days of the escrow period.
The seller typically arranges for and pays for a 3rd party company to inspect the property for termites. Whether or not the Seller provides clearance and completes work will depend upon upfront negotiations.
The loan process runs concurrent with escrow. The buyer has 21 days to receive loan approval.
The time frame for loan approval is 21 days, and 17 days for everything else. The buyer will be asked to remove contingencies at this point. Once contingencies are removed, the initial deposit is at risk if there is a breach of contract.
A few days before the close of escrow, the buyer will receive loan documents from the lender. Escrow will arrange a time to sign at your convenience. Typically the loan funds 1-2 business days after signing, and you record escrow the next business day at 5pm.
Most of the paperwork is handled at the beginning of escrow, but there are always a few documents that need to be signed throughout the transaction. Please sign them as you receive them in order to keep the process moving forward.
A few days before the close of escrow, the buyer will do a final walk through to confirm that any agreed upon repairs have been completed, and that the home is in the same condition as when they initially made their offer. The buyer may or may not request your presence.
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This team is truly the best around. You won't find a more attentive or professional office. Johnny and Justin took such good care of us from all of our open...
Working with Amy and her team from Active Realty has been such a wonderful experience for my husband and I. She is very knowledgeable about the industry and...
Justin, Lisa and his team were incredibly responsive and timely. Consistently on every detail to get our house sold from the initial meeting to the rental process to the selling process and ultimately ...
We had the pleasure of using Marlene and Richard to list and sell our home in Orange. They were able to get us top dollar for our home and ensured that the process went smoothly. Their knowledge and ...
Couldn't say enough positive things about Justin and Jennifer!! Moving across the country with a multitude of moving parts...and they made the sale of my home seamless!! They are absolutely THE BEST!!! ...
I was referred to Active Realty by a good friend of mine. We were buying out first home, and didn't really know anything about the process. They made it very easy and were on top of everything. The home ...
I first found Justin in December 2016 & just finished selling my house in April 2018. It was complicated to say the least & honestly I'm not sure how I could've done it without him. Justin is hands down ...
We would like to say thank you to Justin and Active Realty team for doing the super job in selling our house with the price we expected!!! We are very happy with the professional listing and the quick ...
This was our first home sale and luckily Justin was the realtor we went with. The Active team was AMAZING. They answered every question in detail. They made us feel as if we were the only clients. The ...
I am extremely appreciative of Justin Tye and all the people at Active Realty for selling our home in Eastvale and finding us the right new home a few miles away. We have worked with many Real Estate ...
Active Realty Inc.
(844) active-0
(844) 228-4830
Info@ActiveRealty.com
