Seller Contract To Close Service
File Set Up & Property Due Diligence
- Create online files in brokerage compliance systems
- Prepare Listing Agreement & Addenda, coordinate e-sign completion
- Verify Tax Record for Mud, Water & Improvement District
- Coordinate Sellers Disclosures and T47 completion
- Verify if ECAD Audit is required & schedule audit
Contract Management
- Review the executed contract and all addendums for accuracy
- Confirm all parties signed & Initialed contract
- Confirm executed contract is submitted to Title Company
- Obtain receipt of contract from Title Company
- Request Seller’s Disclosure from Listing Agent, if applicable
- Note contingencies, exclusions and deadlines
Communication & Scheduling
- Notify Agents regarding inspection arrangements
- Check in with Agent 2 days before End of Option Period
- Prepare post-Inspection amendment request if needed
- Prepare termination notice /option extension requests as needed
Lender & Title Check-in
- Ensure executed amendment sent to Title, Lender, and Agents
- Check in with Lender regarding financing and appraisal status
- Notify Title Company and Agent of any items needing attention
- Confirm loan submitted to underwriting for final loan approval
Preparing for Closing
- Request Disbursement Authorization and resolve issues as needed for DA approval
- Confirm any and all repairs have been completed prior to closing
- Forward receipts and other documents for repairs to title & buyer agent
- Coordinate closing time with Agent, Client, & Title
- Notify client and agent of buyer closing walk thru date and time
- Assist Agent with review for accuracy once CD is approved by Lender
Post Closing Transactional File Wrap-Up
- Confirm funding with the Title Company after all parties have signed