This list will help you keep on top of the many steps involved in the closing process. Feel free to print out this page.
Critical Events
Critical Dates
Notes
Purchase contract signed
First deposit due
Mortgage applied for
Date by which mortgage
commitment is due
Written notice to seller
of mortgage acceptance
Second deposit due
Date by which buyer's
inspection must be conducted
Notice of problems identified
during inspection (and cost
estimate) due to seller
Seller's response to buyer's
notice of inspection due
Termite inspection ordered
Date by which termite
inspection must be completed
Termite damage repair cost
estimate due to seller
Title examination
Title commitment due to lender and buyer
Survey ordered (if not ordered by lender)
Certificate of approval requested
for condo/homeowners association
Homeowners insurance purchased
Title insurance purchased
Estoppial or payoff letter
(re-finance only)
Other
Other
Closing date
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