Contract Deadlines & You!

Contract Deadlines

Yes, we have contract deadlines. The entire Purchase Agreement is based on someone's promise to do something at a given point.

Side Note; Make sure to ask your Realtor or Escrow Officer for a Copy of the Contract Deadlines!

So, let’s get into it, Deadlines to Keep an Eye out for:

1. Deposit of your Earnest Money Deposit

2. Inspections - Such as HVAC, Pool, Etc

3. Property Investigations - Any Investigations you would like done to be at ease.

4. Review of Disclosures - Transfer Disclosure, Seller's Property Questionnaire, etc.

5. Point of Sale Inspections - Such as Presale City Reports, necessity varies by city.

6. Appraisal Deadline

7. Loan Deadline - otherwise known as Loan Contingency, very important.

8. Insurance Eligibility - Some Insurance Companies are restricting eligibility, be wary.

9. Preliminary Title Report - CCR's: Covenant, Conditions and Restrictions

10. Seller Replacement of Property - Not required, but always good to ask!

These Deadlines all flow along via CALENDAR Days, not BUSINESS Days. So you do lose time on the weekends!

Like always, if you have more questions give me a holler!