Escrow inspections & appraisals

A Seamless Journey to Ownership

The Initial Agreement & Deposit

Once a meeting of the minds is reached between buyer and seller, the executed agreement is placed into motion with the deposit held securely in escrow. Precision and clarity are paramount at this stage. Every term, counteroffer, and addendum is translated into a clear written document and signed by both parties. We manage this entire process with the utmost care—overseeing documentation, ensuring accuracy, and providing you with complete, elegantly organized records.

Meeting key timelines is essential. The purchase agreement outlines a detailed schedule for each milestone in the escrow journey. By adhering to these dates, both parties remain in good standing, and the momentum of the transaction remains uninterrupted. Throughout the process, we keep you fully informed so you always know exactly what comes next.

The Closing Agent

A reputable title company or real estate attorney will serve as your closing agent—an impartial steward of the transaction. The closing agent holds all deposits in escrow, conducts a thorough review of the property’s recorded history, and ensures that the title you receive is free of liens, encumbrances, or conflicting claims. Any easements, restrictions, or limitations associated with the property will be identified and addressed well in advance of closing.

How to Hold Title

Determining the best way to hold title is a sophisticated financial and legal decision. Whether for estate planning, tax strategy, or future disposition, your attorney or financial advisor can guide you toward the structure that best aligns with your long-term objectives.

Inspections

Once your offer is accepted, a licensed property inspector will evaluate the residence within the agreed-upon timeframe. Luxury homes often benefit from a suite of specialized inspections—from structural engineers to roof, plumbing, HVAC, or environmental experts—to ensure every aspect of the property is examined with precision.

Following these evaluations, one of two paths emerges:

The contingencies are satisfied, allowing the transaction to move smoothly toward closing, or A renegotiation is initiated, typically regarding price or repair credits, depending on the findings.

Our role is to guide you through this phase with expert counsel and access to highly regarded professionals.

Appraisal & Lending

If your purchase includes financing, close collaboration with your lender is essential. A licensed appraiser—engaged through a neutral third party—will determine the property’s market value based on recent comparable sales, square footage, building quality, and other factors. This appraisal ensures the lender’s investment aligns with the property’s true worth.

As you approach the final two weeks of escrow, we will confirm that all lending conditions are satisfied, documents are complete, and your loan is positioned to fund seamlessly and on schedule.

Association Approval

For properties governed by an association, timely preparation is crucial. From acquiring community rules and financials to completing application packages and attending required interviews, every detail must be handled promptly and flawlessly. The association’s approval is often mandatory for closing, and your closing agent will ensure that the certificate of approval is formally recorded alongside the deed.

Property Insurance

Lenders require adequate insurance coverage, and luxury properties often call for elevated policies. You may enhance coverage or optimize premiums by selecting higher deductibles, incorporating premium safety features, or qualifying for long-standing customer or age-based discounts. We are pleased to recommend trusted insurance advisors who specialize in high-value real estate and tailor coverage to your needs.