{"id":197312,"date":"2024-11-16T02:45:50","date_gmt":"2024-11-16T02:45:50","guid":{"rendered":"https:\/\/namso-gen.co\/blog\/what-to-do-during-escrow-period\/"},"modified":"2024-11-16T02:45:50","modified_gmt":"2024-11-16T02:45:50","slug":"what-to-do-during-escrow-period","status":"publish","type":"post","link":"https:\/\/namso-gen.co\/blog\/what-to-do-during-escrow-period\/","title":{"rendered":"What to do during escrow period?"},"content":{"rendered":"

**During the escrow period, there are several important steps to take as a buyer or seller to ensure a smooth real estate transaction.**<\/p>\n

Here are some essential things to do during the escrow period:<\/p>\n

1. **Stay in communication with your real estate agent and escrow officer**: Make sure to stay in touch with your real estate agent and escrow officer to stay updated on the progress of the transaction and address any issues that may arise.<\/p>\n

2. **Review all documents carefully**: It’s crucial to review all documents related to the transaction, including the purchase agreement, inspection reports, and any title documents, to ensure everything is in order.<\/p>\n

3. **Schedule a final walk-through**: Before closing, schedule a final walk-through of the property to ensure it is in the same condition as when you made the offer and to verify that any agreed-upon repairs have been completed.<\/p>\n

4. **Finalize your financing**: If you’re the buyer, make sure to finalize your financing by providing all necessary documents to your lender and completing any outstanding requirements.<\/p>\n

5. **Get homeowners insurance**: As a buyer, you will need to secure homeowners insurance before closing to protect your investment in the property.<\/p>\n

6. **Arrange for utilities**: Make arrangements to transfer or set up utilities in your name before the closing date to ensure a smooth transition.<\/p>\n

7. **Address any last-minute issues**: If any last-minute issues arise during the escrow period, work with your real estate agent and escrow officer to resolve them promptly.<\/p>\n

8. **Attend the final walkthrough and closing appointment**: Be present at the final walkthrough and closing appointment to ensure everything goes smoothly and to sign any necessary paperwork.<\/p>\n

9. **Arrange for keys and access**: Coordinate with the seller to arrange for the transfer of keys and access to the property after closing.<\/p>\n

10. **Update your mailing address**: Don’t forget to update your mailing address with the post office and any relevant parties to ensure you receive important documents after closing.<\/p>\n

11. **Celebrate**: After closing, take some time to celebrate your new home or successful sale with friends and family.<\/p>\n

12. **Follow up with any post-closing tasks**: After closing, follow up with any post-closing tasks, such as updating your address with utility companies and settling any outstanding issues from the transaction.<\/p>\n

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