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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 they have all the information they need to approve your loan.
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
📝. 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.
Check on credit Approval Within contract Receive HOA Docs (if applicable) Within contract Set up walk thru 24 hours prior to closing Make sure seller 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
8 thg 3, 2023 · Our contract-to-close checklist breaks down the primary buyer responsibilities required to reach the closing table. It also breaks them down week by week to keep the transaction on track for your closing date. Tips for Using the Contract-to-Close Checklist
The Seller Closing Checklist and the Buyer Closing Checklist. These two transaction coordinator checklist PDFs are included in today’s free download (see below). They provide each task, from contract to close, in order — the more detailed, the better!
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.