You’ve been looking for a property to buy for months, and you think you finally found the one. You’re ready to make an offer and hope that you can close on the property soon.
A closing is the last step of buying a property. The closing date is generally set several weeks after an initial offer is made, which then gives you time to obtain inspections and financing for the property.
As someone who is looking to buy a home, it’s important to know the law and how it affects you. You also want to make sure that the contracts you’re using are appropriate for the situation and protect your rights as a buyer.
There are many steps to a closing, including entering into escrow, purchasing insurance, having a title search performed and working with your attorney to get information and to have an advocate throughout the process. Your attorney is there to support you, not others, so they will always be looking out for your best interests throughout the closing process.
When you make an offer on a property, one of the major steps is to have a home and pest inspection. Your attorney can keep you informed on the timeline you need to follow, so you have the inspection on time and early enough to get out of the purchase if there is a problem with the home that you didn’t expect.
Working with your attorney, you’ll be able to be more certain that the process of closing on a home will move smoothly. Our website has more on the steps you should take if you are interested in buying a home or making an offer on one that you already toured.
