Dec. 27, 2006 - Offer Accepted!!

The Escrow Process starts pretty much as soon as the offer is accepted, better term for that is as soon as the offer is signed around.  Most often the offer goes back and forth a bit, and the "Time is of the Essence" dates start at the last initial date.

While it is true that this even begins a HUGE "to do" list, if you have the right professionals in place, most of that To Do List is not YOURS to do.

Seller:  Start packing the things you are not going to need between today and when you move out.

Buyer:  Order the Home Inspection and stick with your lender like glue until the lender needs nothing more from you to produce the loan docs.

Generally the agent for the buyer will open escrow for both the buyer and the seller.  The agent for the seller will put the property as STI or Pending, relieving the seller from "calls to show".  Many things take place in the "30 day" escrow period, but for the most part the BIG to do list is filled with things that the professionals need to do, and not things that the buyer and seller need to do until the week before closing.