the Realtor's Loan Specialist
Avoid Fall-Out With An After-Sale Checklist
Be alert for developments that might ruin a transaction. Address problems quickly and professionally. Stay organized with this checklist:
[ ] All copies of accepted offer ( and counter-offers) signed by all parties. Copies of each delivered to all parties.
[ ] Buyer's loan application delivered to the lender.
[ ] All contingencies, if any, cleared.
[ ] Legal description of property sent to lender and to the person processing the paperwork.
[ ] Inspections ordered promptly? (Termite, roof, mechanical)
[ ] All repairs required by the agreement ordered? Completed? Who is responsible for each item? Are the sellers making timely arrangements to move out?
[ ] Loan approval.
[ ] New fire insurance obtained by buyer.
[ ] Preliminary report of title, if required. Ordered? Received? Any problems?
[ ] Have escrow instructions (or similar document in your state) been signed and returned?
[ ] Have buyers deposited down-payment into escrow or other account?
Add items to this list. Being organized will help you solve problems, not create them.
To Your Success,
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Paseo de Valencia, Suite 310 Laguna Hills CA 92653
Loan broker # 01390583