Tag Archives: closing

What BUYERS Need to Know About the Closing Process

So you’ve made an offer on your dream home, and the seller has accepted…what are the next steps?

Several things still need to happen before the deal can close, and the house can officially become your home.

The closing process (also called the escrow process) generally takes 30-60 days to complete. Much of the work is done behind the scenes by the team of real estate professionals handling your transaction. But you’ll also be involved in several of the upcoming steps.

Here’s an outline of what buyers can expect during the closing process.

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What SELLERS Need to Know About the Closing Process

That 30-60 day period between accepting a buyer’s offer and closing the deal is a busy time for both parties.

While the buyers are focused securing financing and making sure the house is as it appears to be, sellers are mainly concerned with 1) proving that they have the right to sell the property, and 2) making sure the buyers are aware of the true condition of the property.

Here’s an outline of what sellers can expect during the closing process.

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