What happens after my offer is accepted?

  • by Penn Henderson
  • 5 months ago
  • 1
Hawaii Escrow Process - Kona Title Companies

Once a seller has accepted your purchase contract, escrow opens. The following items (paragraphs within the contract) are part of a typical escrow, with financing, as of the acceptance date:

B1Earnest money deposit within 3 business days
H-4(a)Submit loan application within 2 business days
H-4(b)Pre-qualification letter due within 3 business days
H-1(a)Cash verification by buyer due within 3 business days
L2Termite selected within 5 days; delivered 10-days prior to closing
E3Inventory delivered within 5-days; 5-day review
I1Seller disclosure delivered within 5-days; 5-day review
N1Rental docs delivered within 5-days; 5-day review
G1Preliminary title report delivered within 7-days; 5-day review
G3 Title & tenancy selected within 10 days
J1Home inspection approval within 10 days
D2Additional deposit by buyer due upon satisfaction of J1
M1AOAO/HOA docs delivered within 10-days; 5-day review
H-4(c)Conditional loan approval due within 30 days
H-4(d)Loan conditions satisfied within 37 days
K2Survey delivered within 30 days
J8Removal of seller personal property 5 days prior to closing
J9Interior cleaning 4 days prior to closing
J10Pet treatment 4 days prior to closing
J3Final walk-through inspection 3 days prior to closing
D2Balance of cash by buyer due 2 days prior to closing
F2Escrow closes within 45 days

Compare listings

Compare
Contact Penn Henderson - Kona Realtor in Hawaii
MAHALO FOR DROPPING BY!
Big Island Real Estate - Kona, Hawaii

WOULD YOU LIKE ME TO HELP WITH YOUR SEARCH?

I excel in locating ideal Big Island properties specific to your needs and unique lifestyle.

100% Hustle.

No Gimmicks. No Hassles. No Fees.

Just a Few Questions (3-Minutes)

Contact Penn Henderson - Kona Realtor in Hawaii
MAHALO FOR DROPPING BY!
Big Island Real Estate - Kona, Hawaii

WOULD YOU LIKE ME TO HELP WITH YOUR SEARCH?

I excel at locating ideal Big Island properties specific to your needs and unique lifestyle.

100% Hustle.

No Gimmicks. No Hassles. No Fees.

Just a Few Questions (3-Minutes)