• How do EMD (earnest money) deposits work in San Joaquin County?,Jeremiah Patterson

    How do EMD (earnest money) deposits work in San Joaquin County?

    An earnest money deposit (EMD) is the good-faith deposit a buyer wires to escrow right after an offer is accepted. Under the standard California purchase agreement it is due within 3 business days of acceptance, it is held by a neutral escrow company — never by the seller or the agents — and at clos

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  • What is a 17-day inspection contingency in California real estate?,Jeremiah Patterson

    What is a 17-day inspection contingency in California real estate?

    What can buyers do during the 17 days? The 17-day inspection contingency is the default investigation period written into the California Residential Purchase Agreement (RPA). Unless the buyer and seller negotiate a different timeline, the buyer has 17 days from acceptance to inspect the property, re

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  • How does the appraisal process work for Lodi home sales?,Jeremiah Patterson

    How does the appraisal process work for Lodi home sales?

    A home appraisal in Lodi is an independent valuation ordered by the buyer's lender after a purchase contract is signed, usually completed within the first one to two weeks of escrow. A licensed appraiser visits the property, compares it to recent nearby sales, and delivers a report the lender uses t

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