This time period is determined by your purchase agreement and is used to obtain and perform the following items:
Your realtor will work with your escrow officer and insurance agent to ensure your policy is in effect by the close of escrow.
Prior to the closing date of escrow, you will need a cashier's check or wire transfer.
You will sign all loan documents and closing papers when all conditions of the purchase agreement have been met. After you deposit the balance of your down payment and closing costs with the escrow holder, your lender will deposit the balance of the purchase price. The County Recorder's office will record the deed, and you will take ownership of your home.