Between Inspections and Closing

Even if you were pre-approved, your lender will now:

• Complete the formal mortgage application
• Order an appraisal to verify the home’s value
• Review your financial documents and confirm your loan terms

This ensures your financing is fully approved and ready for closing.

Any issues found during Due Diligence should be addressed at this stage:

• Your agent can negotiate repairs, credits, or price adjustments with the seller
• Additional inspections (like termite or specialized systems inspections) may be conducted if needed
• All agreed-upon repairs or credits should be documented in writing

Before closing, your title company or attorney will:

• Conduct a title search to ensure the property is free of liens or legal issues
• Prepare the title insurance policy, protecting you against future claims
• Coordinate the escrow account, where funds will be held until closing

A few days before closing, you’ll do a final walkthrough of the property to:

• Confirm that agreed-upon repairs were completed
• Ensure the property is in the expected condition
• Check that all fixtures, appliances, and systems are functioning properly

This is your last chance to catch any issues before taking ownership.

Before signing, you’ll review several key documents, including:

• Lending Documents
• Deed and title documents
• Any additional agreements or disclosures

Your agent and lender can explain each document so you understand exactly what you’re signing.

On closing day:

• You’ll sign the final documents
• Funds will be transferred through escrow
• You’ll receive the keys to your new home

After closing, the home is officially yours!