sell by owner: How to Sell Your San Diego Home without a Realtor - Day 12 - 01/16/18 05:17 PM
The third week of escrow is indeed a critical time for any California escrow. The California purchase contract currently stipulates 17 days for the inspection contingency and 21 days for the loan contingency. So, both these deadlines come due on week 3.
 
These contingencies must be removed by these dates in order to avoid default. The buyer or their agent  should send you a contingency removal form for each of these items.
 
Why is this important? For many reasons, the most important of which is that only after contingencies are removed do you have an iron clad contract. If, after contingencies are removed, the buyer fails … (0 comments)