Blogs Tagged: escrow period

10 Steps to Successfully Buying a Home - Step 8: Open Escrow

Posted On: Friday, January 20, 2012 - 5:25am | Posted By: dianehourany

Yes! Your offer for your dream home has been accepted by the seller and now it's time to start the escrow process.

What Are Contingencies and What Do They Mean?

Posted On: Wednesday, May 4, 2011 - 5:40am | Posted By: dianehourany
Topics: Buyers and Sellers

You want to write an offer but want to know what your protections are, and if you have any 'outs' after your offer is accepted? That is what contingencies are all about.

Things Not to Do During Escrow

Posted On: Monday, May 2, 2011 - 6:00am | Posted By: dianehourany
Topics: Buyers and Sellers

Congratulations! The sellers accepted your offer and you've entered the escrow period during which your loan is processed and you perform your due diligence on the home. As you know, lenders have become very stringent with their requirements for lending. Once your mortgage adviser has pre-approved you for a loan, you don't want to upset the apple cart by changing the criteria used to get you pre-approved.