Mutual Under Contract
Under Contract: Key Steps and What to Expect
Navigating escrow and due diligence is a critical phase in every sale.
Core Milestones
- Licensed Inspections (general, roof, HVAC, etc.) scheduled within the contract timeline.
- Appraisal: Required for financed purchases to verify value.
- Specialty Due Diligence: (if commercial/multifamily) including environmental audits or surveys.
- Clear Title Verification: Managed by closing agent, guaranteeing transparent transfer.
- Contingency Removal: All contingencies met—financing, insurance, disclosures—propelling the sale to closing.
- Expert Transaction Guidance: Renegotiations handled objectively, protecting your interests at all times.
- Appraisal and Loan Approval: Only consider buyers with pre-approval or written loan commitment for transaction security.