Find out what you need to know about the escrow process.
You’ve made it to the end of the home-buying process. You’ve found the home of your dreams, and you’ve placed an offer on it. All that’s left is for escrow to close. However, it’s important to be wary of the escrow process during closing. Issues can arise that bring the process to a halt. Check out these top issues to watch out for during escrow.
Documentation Errors.
When it comes to the closing process, it’s important that you cross all your Ts and dot all your Is. An error in your escrow paperwork can delay the closing process. Ensure that you review everything so that you’re best able to get through the process.
Inspection Issues.
Before a real estate transaction can be processed, the home must undergo an inspection. A professional will walk through the home and look for any issues that could prevent the home sale from going through. Ensure that you help to keep the process moving by bringing up issues as they arise, so you can best find solutions.
Financial Trouble.
While everything may seem to be going to plan, it’s important to be wary of any financial issues from the buyers. Such issues can bring your escrow process to a halt. In some cases, despite pre-approval, a buyer’s loan may fall through. Be wary of any potential financial issues so that you’re best prepared to handle any such situations.
Get through the escrow process easily so that you can enjoy your new home. Dedicated service paired with top-tier escrow services are a must when closing an escrow deal. Contact Brighton Escrow for assistance! Our Hermosa Beach, California team is committed to helping you make the most of your escrow process.
