Monthly Archives: February 2015

006 Real Estate Buyers Transaction Timeline

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California Residential Buyers Transaction Timeline – CAR form

3 Business days – Initial Deposit in.

7 days – Receive all disclosure, statement, report, and start investigation.

17 days & 21 days – contingency removal.

Before Close escrow – Verify Condition of property

Close Escrow – Payment (down payment, lender funding (if there is a loan)

Note: All days fall on calendar day except Initial deposit, If the last day for any act falls on a Saturday, Sunday, or Legal holiday is not counted. Instead the act may be performed on the next calendar day.  If a Saturday, Sunday  or Legal holiday falls on the first day or any day other than the last day, the Saturday, Sunday or Legal Holiday is counted.  Check with your Realtor for detail

005 Real Estate Seller Transaction Timeline

News: Zillow Merge Trulia

005 Real Estate Sellers Translations Time line

0-7 days – pass disclosure, statements, inspections, reports to buyer

17 day, 21 days – make sure all contingency are removed,

Before Close of escrow (California): make sure Utility are on for all inspections and verification of property

COE: Deliver Deed, make sure buyer funded property and  Collect funds

Note: All days fall on calendar day except Initial deposit, If the last day for any act falls on a Saturday, Sunday, or Legal holiday is not counted. Instead the act may be performed on the next calendar day. If a Saturday, Sunday or Legal holiday falls on the first day or any day other than the last day, the Saturday, Sunday or Legal Holiday is counted. Check with your Realtor for detail.