How soon do you call the movers after a buyer signs? – Daily News

on Jul28
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You’re probably aware that just signing the purchase contract and all of the counteroffers does not complete the job of selling your house. There are several things that need to happen to move escrow along and get a sale over the finish line.

The most significant of these are probably the home inspection, the appraisal, final loan approval (if the buyer is taking out a mortgage), and the big kahuna, removal of all buyer contingencies.

The contract default for the final removal of all buyer contingencies is 21 days after acceptance. That’s three weeks into escrow, most of which are about 30 days or four weeks and two days.

So when do you start doing all the things you need to do to move out? As in most life-changing processes, it depends, especially if you’re superstitious.

Do you purge all of your old documents, clothes, furniture, accessories, and other possessions before you start packing, or would this jinx the deal?

This is probably a good idea regardless of whether or not your escrow hangs together. If your real intent is to move, this step will help you save the trouble and cost of packing and moving things you really don’t need anymore. Especially if they no longer bring you joy.

So this will probably not jinx the deal.

Do you start packing before you get the buyers’ request for repairs? Is this jumping the gun a bit?

If the home inspection report reveals a major safety issue with the home, such as a roof leak or an uneven foundation, this may send the buyers into a flurry of additional inspections and ultimately a request for a large credit or for a request to replace the roof and repair the foundation prior to the close of escrow.

If you can’t reach an agreement on how to proceed, you may have to cancel the escrow and put your house back on the market. And you probably don’t want moving boxes in the living room when potential new buyers come to call.

Do you book the moving van, cancel your gardener, pool guy, and pest control service, utilities, internet, cable TV, and trash service, and change your address everywhere before the buyers’ remove their loan approval contingency?

For some, this might be counting your chickens before they hatch. Why take the time and effort to contact all of these entities when there remains a chance the transaction might not go through?

On the other hand, if your checklist is a mile long and your time is limited, you have to fit it all in somehow and you may be forced to act ahead of the written confirmation that the buyers are all-in to the end of the escrow.

As you navigate the sale of your house and the timing of all the myriad items on your checklist, check your own intuition, your actual schedule, and be conservative about how long it is going to take to get packed and ready for moving day.

Then change your address.

Leslie Sargent Eskildsen is an agent with Realty One Group. She can be reached at 949-678-3373 or leslie@leslieeskildsen.com.



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