Closing Timeline

Once your offer has been accepted, the clock starts ticking.  This timeline will help you anticipate what will happen and when, until you close on your new home.  The average time frame from entering in to the purchase agreement until closing is 30 to 45 days.  Delays sometimes occur, depending on inspection outcomes, needed repairs, financing issues, etc.  I will remain in contact with you throughout this period, but if you have any questions, DO NOT HESITATE TO CALL ME.



  1. The offer or counter offer is accepted by both Buyer & Seller.  The clock starts here.
  2. If you are not already pre-approved by your lender, you need to apply for your mortgage right away.  Your loan approval may take 7 to 14 days to complete.  Please give me the name and number of your lender, if I don't already have it, so that I can be in contact with them during this process.
  3. If you're purchasing a home that has its own well & septic, we will arrange for both a water test and a septic system inspection as required by the municipality and/or your lender.
  4. Per your contract with the Seller, you have a specific number of days to complete all your elected inspections on the home including Plumbing, Heating, Electrical, Structural, Pest, Radon, etc. 
  5. Once contingencies have been removed by way of inspections and/or repairs on the property, you will be expected to move forward on the sale towards closing.  At this point your financing should be in order (your loan is approved) and your lender will order the appraisal of the home, if he/she hasn't already.
  6. After the appraisal is completed, your lender will notify us with the value, and we should be able to proceed to closing if all other lender requirements have been met.  You are entitled by law to a copy of your appraisal IF you request it from your lender.  I recommend you do this, and keep your copy with your closing documents.
  7. Your closing is to be as soon as closing documents are ready, but not later than the date specified in your purchase agreement.  I will schedule your closing at the title company to be on or before this date, once your lender has informed me they are ready to prepare your mortgage documents.  Once they have them prepared, they will be forwarded to the title company.
  8. Your lender will notify you with the amount of money you need to bring to the closing.  This must be brought in the form of a cashier's check (most title companies will not accept a check unless it's for a relatively small amount).
  9. Closing Day! Often, in Rochester, Buyers & Sellers close their respective sides of the sale at different title or attorney offices.  Regardless, once both sides have signed all the closing documents, and your loan has been funded by your lender, you will be the proud new owner of the home...congrats!  Depending on when the seller is giving you possession, you will need to make sure all utilities have been switched in to your name.  I will provide you with a list of your new service providers so that you may contact them.  If you're taking possession immediately (possession is typically given on the day of close here in Rochester), I will deliver the keys to your new home at the closing table.

Congratulations on your new HOME!