Most home sales in California use the standard Residential Purchase Agreement provided by the California Association of Realtors. It’s an eight page document and has a number of important provisions in it. Regardless of what purchase agreement is used, all purchase agreements include the following elements: Purchase Price: this is the total amount to be […]
escrow
[M08/S27] Closing the Sale of your Home
After the buyer has released the last of their contingencies for the purchase, it will be time to make your way down to the title or escrow company to sign the grant deed, transferring the property to the buyer. The title company will hold on to the deed until the buyer has put all their […]
[M07/S11] How much it Costs to Sell a Home
Of primary consideration for sellers is how much it costs to sell a home. If you’re like most people, you will probably invest several thousand dollars in getting your home ready for sale. The bulk of your costs, however, will be incurred upon the closing the sale of your home, and not before. You may […]
[M07/S06] The Real Estate Closing Timeline
A lot needs to happen once you and the buyer have a signed purchase agreement. A typical agreement specifies a 30 day escrow – which may seem like a lot of time, but it will fly quickly! Some contracts can have a shorter or longer period, so the timeline can vary significantly. However the following […]