| TIMELINE | |||
| TASK/EVENT | DUE | DONE | NOTES |
| Mutual Acceptance | 07/06/2025 | ||
| Congratulations. You are under contract. | |||
| Contract to Escrow | 07/07/2026 | 07/07/2026 | |
| Broker submit all contracts to Escrow Company to open escrow and order title. | |||
| Earnest Money Deposit | 07/09/2026 | 07/07/2026 | |
| Buyer must deposit EM to escrow by this date. | |||
| Buyer to Rescind Form 17 | 07/07/2026 | 07/07/2026 | |
| Buyer had 3 day to review and accpet/reject the Seller Disclosure. If rejected, Buyer can rescind the contract. If Seller does not get notice of rescission by this date, then Buyer cannot rescind the contract based on State Disclosure Law. | |||
| Escrow Opening Package Sent | 07/09/2026 | 07/07/2026 | |
| This not a due date buy and "Expected Date." Escrow will be emailing out a questionnaire and other standard excrow documents to both partles. For Seller, main information are morrgage company, HOA/Water System, and other entities that have lien rights on the property.. | |||
| Title Report Received | 07/13/2026 | 07/09/2026 | |
| Expected Date: When parties should receive the Title Commitment which includes the title report. | |||
| Formal Loan Application | 07/13/2026 | 07/07/2026 | |
| Buyer has 5 days from mutual acceptance to make formal loan application. If Buyer does not make formal loan application by this date, then the Financing Contingency is waived.. This is only relvant to the Seller if Buyer want to back out due to financing. | |||
| Condo Resale Certificate to Buyer | 07/16/2026 | 07/21/2026 | |
| Seller shall deliver a Condo Resale Certificate to Buyer within 10 calendar days from mutual acceptamce. | |||
| Buyer to approve Condo Resale Cert | 07/28/2026 | ||
| Buyer to review and approve the Condo Resale Cerrtificate within 5 business days after receipt. | |||
| Inspection Notice to Seller | 07/09/2026 | 07/08/2026 | |
| Buyer has 5 days from mutual acceptance to conduct an inspection and provide notice to Seller stating they are bcaking out, they wouild like repairs done, or re-nefotiate the offer. If Seller does not get notice by this date, then Buyer cannot back out without forfeiting their earnest money. | |||
| Seller's Response to Insp Notice | 07/13/2026 | 07/11/2026 | |
| Seller has 3 business days from Buyer's Inspection Notice stating they accept Buyer's request for repairs, reject Buyer's request and not make any repairs, will only make certain repairs requested, or offer more money for Buyer's BCC, | |||
| Buyer's Reply to Seller's Insp Response | 07/15/2026 | 07/14/2026 | |
| Buyer has 3 business days from Seller's Inspection Response stating they accept Seller's reresponse or reject Seller's response and ternimate the Agreement and get their EM reffuned. Buyer may try to negotiate, but if Seller does not respond to Buyer's reply, then Inspection Contingency will be considered waived and Seller will not obligage to make any repairs or concessions. | |||
| Appraisal Ordered | 07/14/2026 | 07/13/2026 | |
| Expected Date: The lender typically orders the appraisal once the home inspection is completed. | |||
| Appraisal Received | 07/24/2026 | 07/23/2026 | |
| Expected Date: May be sooner, but if not received by this date, the I start being the squeeky wheel the lender wont't ignore. | |||
| Lender's NOV Received | 07/28/2026 | 07/26/2026 | |
| Expected Date: Lender's "Notice of Value" is sent to the Buyer by the underwriter after reviewing the appraisal. It will state their value of the property and if any conditions are required prior to final loan approval. If the value is less than the purchae price, them the proceedures in Fincnaing Addendum. Note: VA regulations state that a veteran is not obligated to purchase the home if the appraisal is less than the purchase price. 95% of the time, the Seller will agree to reduce the purchase price to the appraised value. | |||
| Pre-Closing CD signed | 08/06/2026 | May be sooner | |
| There are 3 "Closing Disclosures" that a Buyer needs to sign. One when they make formal loan application, the second (pre-closing) MUST be signed 3 days before they can sign thier loan documents, and the last one is signed with thier loan/closing documents. | |||
| Seller Signing | 08/03/2026 | May be sooner | |
| Expected Date: Seller can sign anytime at Seller's convenience prior to closing, even as early at August 18th. They can also wait to sign as late as the morning of he Closing Date. Signing does not mean closing. Closing is when all parties sign their closing documents, the lender funds the loan, and escorw records the deed at the county. . | |||
| Buyer's Final Walkthrough | 08/03/2026 | ||
| Buyer reserves the right to walk through the Property within 5 days of Closing to verify that Seller has maintained the Property and systems/appliances. I recommend doing of or the day before signing. | |||
| Buyer Signing | 08/07/2026 | May be sooner | |
| Expected Date: Buyer can sign anytime after escrow received loan documents. They can actually sign as late as the morning of he Closing Date. Signing does not mean closing. Closing is when all parties sign their closing documents, the lender funds the loan, and escorw records the deed at the county. | |||
| Transaction recorded/closed | 08/10/2026 | May be sooner | |
| Once escrow has all the closing documents signed and recevies the closing funds from the lender, they will send all required documents to the county for recording. Once they get "recording numbers," the transaction is officially closed and keys go to the Buyer. | |||
DISCLAIMER: All information in this site are deemed accurate but not guaranteed. Vistiors are advised to verify all information to thier satisfaction.
