to begin: select ERICA COVELLE as your CENTURY 21 COMMONWEALTH agent and get pre-approved for a mortgage.
Day 1
Offer submitted with $1,000 personal check
Day 2
Offer accepted; hire a home inspector
Day 7-10
Home inspection completed
Day 10
Hire an attorney to look at the Purchase and Sale Agreement
Day 10-14
Sign Purchase and Sale Agreement with additional 5% deposit
Day 16
Submit completed mortgage application
Day 28-35
Lender issues mortgage commitment
1 WEEK BEFORE CLOSING
Obtain home insurance binder for closing
DAY BEFORE CLOSING
Final walk-through
DAY 40-60
Pass papers at closing (one-two hours)
This timeline represents approximately 60 days. The time periods shown on this chart are fairly typical but may differ in your situation, depending on various needs and negations between the Buyer and Seller.
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