SALES TO CLOSING CHECKLIST

(As used by a realtor)

Client Name____________________________________Home Phone_______________

Address_____________________________________ Work/Cell Phone _____________

_____ Have purchase contract, addendum, and/or counter offer, SPDS, estimated cost sheets, etc. been signed and initialed?

_____ Verify escrow is opened and have Title Company give you a copy of earnest money check and receipt.

_____ has the sold sign been installed? Was the lockbox removed?

_____ If new financing, verify that the buyers have scheduled loan application within the time period stated on the contract.

_____ Verify that the buyers have scheduled the inspection. When does it have to be completed?

_____ Verify that the seller has the utilities on for the inspection.

_____ Deliver to the seller written notice of deficiencies from buyers (as per report) and obtain seller’s approval or agreement to correct deficiencies by ___________ date.

_____ Verify that deed restrictions, status of Flood Plain, Legal Access, financial documents, SPDS, Homeowner’s Association documents, CC&R’s, etc., have been ordered and delivered to buyers. Have buyers sign a statement approving same.

_____ Write a letter to the client or customer reiterating important dates and facts in the contract.

_____ Verify if Home Warranty is being obtained and that the title company has received a copy.

_____ Verify if new financing is involved and deliver the Preliminary Loan Approval letter to Title Company by ______________date.

_____ What are the contingencies? Has written contingency removal been signed and delivered to Title Company?

_____ Verify schools, zoning, flood plain, assessments, sewer, and fire protection, taxes.

_____ If property is on septic system make sure that septic certification is placed in escrow before closing. If on sewer, verify. Does it need a dye test?

_____ If square footage is different from what the listing package or pubic record indicates, determine why. If addition has been made, verify that a building permit was issued. If there was no permit issued, a disclosure must be drawn up and signed by all parties.

_____ Check the Preliminary Title Report for any problems. Consult with escrow officer to see if everything necessary to close has been completed.

_____ Have seller order termite inspection before close of escrow.

_____ Follow up that buyers requested repairs have been completed and obtain a written satisfaction of work done.

_____ Verify any lender required repairs were completed and have appropriate lender or government agency approve said repairs.

_____ Contact lender and escrow officer to eliminate problems.

_____ Check estimate of funds due seller against your cost sheet.

_____ Confirm recordation of deed with the County Recorder’s Office.

_____ Arrange for key delivery as per occupancy status in contract.

_____ Coordinate turn off/turn on of utilities.

 

T-REX Realty

13931 N. Gecko Canyon Road

Tucson AZ 85742

(520) 531-9010