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  2. What is the closing process for a Divvy Home?

What is the closing process for a Divvy Home?

Downpayment and prorated rent, lease agreement, title clearance, key handoff, closing delays, move in expectations

The closing process starts once the home has passed inspection and includes a review of what to expect with your Divvy lease, how to make your pre-closing payment, and signing your lease.

This involves you (the future homeowner) completing the necessary lease review steps (webinar and quiz), completing payment with sufficient time to clear before close (up to 7 days if paying via ACH transfer), and signing the lease agreement.

If there is any delay in completing these requirements, the closing could potentially be delayed. Home closing could also be delayed and push back your move-in date if there are any issues with seller repairs or the title clearance. We will remain communicative should any of these potential delays arise.