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

What is the closing process for a Divvy Home?

Pre-close payments, educational items, lease agreement, title clearance, key handoff and closing delays

The closing process begins once the offer on the home has been accepted. 

Once the offer is accepted, you will be asked to submit your initial payment within 5 calendar days and one full month’s rent payment (including any savings contribution) at least 7 days before the scheduled close date. If you need assistance with making these payments, please reach out to our support team. 

At the same time, our team will be conducting the Divvy Home Quality Evaluation. Once the Divvy Home Quality Evaluation is complete, you will be ready to complete the lease review webinar, lease quiz, and maintenance  quiz. All of these educational items are required to be completed prior to the scheduled close date and can be accessed through your Divvy portal.

At least 5 days before the scheduled close date, you will be able to access and sign your lease through your Divvy portal. Divvy requires the lease to be signed before we will close on the home. 

Please note that it is not uncommon for the scheduled closing date and your move-in date to be delayed after the offer has been accepted due to issues like title clearance and seller repairs. If there are any delays, we will be sure to let you know as soon as possible. 

Once all of your payments have been submitted, the educational items have been completed, the lease is signed, and we have clearance from the title company, we will be ready to close on the home and for you to move in! 

To see your move-in date, please reference your lease start date on your most recently signed lease agreement in your Divvy portal. Once the home has closed, please be sure to coordinate with the buyer’s agent to arrange a key handoff on your move-in date.