The Path to Buying a Home in Spokane
Once your offer is accepted, there are deadlines that need to be met in order to close the sale and get you into your new home. Part of our service to you is to make sure that these dates are met on time so that you don’t have to worry about a thing!
Our goal from this point is to assist you in doing all the necessary due diligence to make sure this is the best home for you and to confirm all contingencies are satisfied within the necessary timelines.
Between us and your lender, we will lead you through these next steps and ensure you are fully cared for.
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Within 1-3 days after acceptance, submit your earnest money deposit to the escrow company. This shows you are serious about purchasing the home and counts toward your down payment amount.
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Schedule a general home inspection, as well any additional inspections outlined in your contract. Review inspection reports closely and request any repairs.
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Shop for quotes, select a policy, and provide proof of home insurance to your lender. You must apply for home insurance within 5 days of having your contract accepted.
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Work closely with your lender to finalize the mortgage process. Submit all required documents promptly. Complete the appraisal. Get loan approval
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Your escrow officer will confirm the closing date and time and review the settlement statement with you.
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Do a final walk-through 1-2 days before closing to ensure the property is in the same condition and all of the negotiated repairs were completed.
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At closing, review and sign your closing documents. Bring certified funds for any remaining down payment and closing costs.
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The deed is now recorded in your name. Time to pick up your keys and start moving into your new home!
