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Contract to Close Checklist First Things First Identify what inspections you want to have performed (whole house, termite, mold, radon, foundation…) Call Lender with address of property. Get all financing documentation to Lender. Such as W2’s, paycheck stubs…. Ask your Lender if
📝. Contract to Close Checklist: Real Estate. 1. Review and Understand the Terms of the Purchase and Sale Agreement. Verify Buyer's Financial Approval for Purchase. Coordinate with Buyer's Lender for Appraisal. Review Appraisal Report. Approval: Appraisal Report. Prepare and Coordinate for Home Inspection.
Selling Agent Contract-to-Close Checklist. Selling Agent Contract-to-Close Checklist. VERY IMPORTANT DATES Contract Date: Survey Date: Option Period Date: Closing Date: Possession Date and Time: Financing Date: HOA Docs (If Applicable): Exclusion: Earnest Money Amount: Home Warrant Allowance: Special Provision: Seller Paid Closing Cost Objections.
Receive credit Approval Within contract Receive HOA Docs (if applicable) Within contract Set up walk thru 24 hours prior to closing Make sure buyer has valid ID to close 48 hours prior to closing Receive and balance HUD-1 24 hours prior to closing Attend Closing Day of closing Follow up funding Day of closing
The following are the main steps in the basic contract-to-close process: Offer: Contract proposal from the buyer received by the seller through their agent, extending terms, which, if agreed, form the basis for a sales. contract. Acceptance: Seller accepts all proposed terms and conditions and is ready to sign the contract and move toward closing.
Coordinate and confirm the closing date and time with all parties involved, including the buyers, sellers, agents, and the closing agent. Ensure that everyone is aware of the scheduled closing to avoid any confusion or scheduling conflicts. Document the agreed-upon closing details for future reference.
14 thg 7, 2022 · Today’s post is ideal for both transaction coordinators and agents alike, as we are focusing on how to create your own personal contract to close checklist from scratch! It amazes me how many successful agents do not have a true contract to close checklist written down!
