Navigating the Escrow Process with Matthew Herman at Legacy Investments

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The journey through escrow is a crucial phase in the buying and selling of a home, marked by key milestones and actions. At Legacy Investments, we are committed to guiding you through each step of this process with clarity and expertise.

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Day 0 - Offer Accepted: This is where it all begins. Once your offer is accepted, the real journey towards homeownership commences.

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Week 1 - Setting the Foundation: We promptly open escrow, initiate property inspections, order an appraisal, and ensure seller disclosures are shared. The earnest money is also deposited with the title company, marking your commitment to the transaction.

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Week 2 - Diligent Review and Evaluation: Inspection reports are meticulously reviewed, and the appraisal report is returned. Based on these findings, any additional inspections are arranged to ensure a thorough evaluation of the property.

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Week 3 - Addressing the Details: This week is focused on negotiating any necessary repairs or credits, finalizing loan approval, and removing buyer contingencies. Our role is to ensure that all negotiations are fair and in your best interest.

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Week 4 - Final Preparations: Any agreed-upon repairs are completed, and loan funding is secured. These steps are crucial in moving the process towards a successful close.

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5 Days Prior to Closing - Final Verification: We conduct a final walkthrough of the property to confirm that its condition aligns with the terms of the agreement.

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Signing Day - Finalizing the Transaction: This pivotal day involves the signing of loan documents and transferring any additional funds needed. We ensure that this process is smooth and all documents are in order.

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Close of Escrow - Congratulations!: Typically by 6:00 PM on this day, the property officially becomes yours. This is a moment of celebration and culmination of all the hard work.

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Post-Close Support - Ongoing Assistance: Even after the close of escrow, our team at Legacy Investments remains available to assist with any post-purchase needs or questions. We understand that transitioning into your new home can come with many small yet significant tasks, and we are here to help.

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Navigating the escrow process can be complex, but with Legacy Investments, you have a trusted partner every step of the way. We ensure that both buyers and sellers are well-informed and supported throughout this journey, leading to a smooth and successful transaction.