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Updated about 8 years ago on . Most recent reply

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Karen Lin
  • Fremont, CA
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Closing Escrow in California with cash offer

Karen Lin
  • Fremont, CA
Posted

Hello,

I am new to real estate investing and am trying to do some research just for my own knowledge and was hoping someone can help me out.

In California, when you make an all cash offer on a SFH, how does the close process work? If it is a 15 day close, when do the inspections, walkthrough, paperwork signing and cash wiring happen?

If someone can provide some insight, it'd be greatly appreciated. 

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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
Replied

Typical, but Cali may differ a bit.

Inspection period of 5-7days typical.
Order title work when delivering executed contract to title co., with EM.
Wire money to title co the day before closing
Final walk through day before/of closing.
Sign closing docs at closing, or before if out of town.

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