info@vectorescrow.com
951-719-1150
Week 1
› Escrow and title are opened
› Wire Instructions are provided to buyer for initial deposit
› Realtor Orders Inspections
› Lender Orders Appraisal
› Escrow Documents are distributed
BUYER
Buyer plans for initial deposit to escrow
The loan process begins
Provide requested documents to Lender
Escrow documents to be completed, signed and returned
to escrow holder
SELLER
Prepares for home inspections
Escrow documents to be completed, signed and returned
to escrow holder
Weeks 2 & 3
› Appraisal Received
› Loan Approval Conditions
› Contingency removals
BUYER
Provide lender with any additional documents
for loan approval
Review Inspection Reports and negotiate any repairs
Sign any additional paperwork required by agents,
lenders or escrow
SELLER
Review Inspection Reports and
negotiate any repairs
Sign any additional paperwork required by
agents, lenders or escrow
Weeks 4
Closing
› Loan Documents Issued & Signed
› Buyers’ final funds to escrow
› Lenders Funds to title
› Recording with County Recorder
BUYER
Meet final lender conditions
Loan Disclosure issued and signed (3 day waiting period begins)
Arrange for transfer of utilities
Arrange loan doc signing appt
Final Walk thru
Arrange transfer of keys with agent
SELLER
Arrange appoint to sign Grant Deed
Transfer utilities & HOA pool keys
Prepare for Buyer final walk thru (repairs should be complete)
Home is vacant and clean
Arrange transfer of keys with agent