Contract to Close Steps
Make Sure You're Prepared
The following time table has been suggested to give you an idea of the timing of the different events in the home buying process once your offer has been accepted on a home. It is meant to be a guide, so if you have any questions, please ask The Kristan Cole Network. The Team will be coordinating with you and the inspectors, contractors, and appraisers on all of these activities. You aren't doing this alone.
First week
- Contact your lender and let them know your offer has been accepted on a home
- Arrange for property inspections
Second week
- Property inspections ordered and completed
- Make repair request to seller
- Make sure all information the mortgage company requested from you has been submitted
Third week
- Call to find out if repairs have been completed
- Call to find out if mortgage company needs additional information
- Arrange for movers
Fourth & Fifth week
- Call to see if appraisal has been completed and turn it into the lender
- Walk-through to verify completed repairs
- Arrange for cashier’s check for closing
- Arrange for settlement, signing of papers
- Arrange for transfer of utilities
- Arrange for exchange of keys and personal items
