Escrow, Inspections, & Appraisal

Escrow: Your Transaction’s Trust Anchor

Once you and your buyer agree on terms, the escrow process begins. A neutral third party—typically an attorney—will securely hold the earnest deposit and all critical documents. This protects both parties, ensuring funds are only exchanged when agreed-upon conditions are met.

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Inspections: Transparency Builds Confidence

During escrow, the buyer arranges for a general home inspection—and potentially specialty inspections (e.g., termite, roof, radon). These assessments help uncover any hidden issues and inform fair negotiation of repairs, credits, or contract adjustments.

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Appraisals: Verified Value, Informed Decisions

For financed purchases, your buyer's lender orders an appraisal. A licensed appraiser independently assesses your property’s fair market value—considering factors like condition, location, and comparable sales. This ensures the loan amount aligns with reality.
 

If the appraisal comes in below the agreed price, it can trigger renegotiations—either on purchase price or how the difference is covered.
 

Staying on Track Through Contingencies

Every transaction includes contingencies—such as satisfactory inspections, appraisal results, and financing approval. Your escrow agent monitors these milestones, ensuring each is adequately addressed before moving forward.
 

Closing Preparations: Final Checks & Paperwork

Once inspections pass and the appraisal confirms value, you move toward the home stretch:

• Final walk-through: Buyer's last chance to verify agreed repairs and overall condition.

• Documentation: All legal paperwork—including disclosures and title work—is finalized.

• Closing: Escrow distributes funds, clears liens, records the deed, and officially transfers ownership.

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Why This Matters for Sellers

Protection Through Escrow: Keeps your earnest money safe and the sale on track.

Confidence Through Clarity: Inspections and appraisals ensure no surprises—making negotiations fair and informed.

Efficiency Through Process: Handling contingencies and closing steps methodically avoids delays or last-minute setbacks.

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Your Clear Path Forward

With KeyNova Group, escrow becomes streamlined, inspections feel purposeful, and appraisal outcomes become navigable. Our role? To guide you at each step—protecting your interests, handling surprises, and keeping your sale moving confidently toward the finish line.

Ready to step through escrow with clarity and control? Contact us today for a personalized walkthrough of what to expect and how we lead the way.