Contract to Close Services
Contract Processing
Contract Processing
Contract Processing
- Thoroughly review all deadlines and timelines
- Send executed contract to all parties in the transaction
- Confirm earnest money and obtain receipt
- All parties contacted via an introduction by us as a member of “your” team by e-mail
Office Compliance
Contract Processing
Contract Processing
- Upload all contract documents into dotloop
- Complete greensheet and send to MCA
- Obtain any missing documents needed.
- Type up any needed amendments
Inspections
Contract Processing
Inspections
- Setup/Confirm all inspections (ie: home, termite, pool, septic, etc) are scheduled within the time frame of contract and ensure all parties have been informed
- Prepare any proposals or amendments
- Monitor repairs and collect receipts before closing
Financial Deadlines
Financial Deadlines
Financial Deadlines
- Confirm the buyer has made application
- Make sure appraisal has been ordered
- Follow-up with lender for appraisal results
- Monitor underwriting process through receipt of loan commitment followed by the clear to close
- Confirm CD goes to Buyer within 3 days of closing
Title Company
Financial Deadlines
Financial Deadlines
- Acquire existing survey and title policy (if they exist and are still valid)
- Coordinate mail away closings
- Make sure the home warranty is ordered either by the title company or us -send receipt to client
Prior to Closing
Financial Deadlines
Prior to Closing
- Schedule final walk-thru
- Coordinate closing time and place with all parties
- Provide the seller and buyer contact information regarding turning on/off utilities
- Send closing invitation to buyer and seller
- Make certain that the lender’s closing documents are delivered to title Company
- Request final CD, review and send to agent for approval
- Con
- Schedule final walk-thru
- Coordinate closing time and place with all parties
- Provide the seller and buyer contact information regarding turning on/off utilities
- Send closing invitation to buyer and seller
- Make certain that the lender’s closing documents are delivered to title Company
- Request final CD, review and send to agent for approval
- Confirm that buyer has received final amt due at closing or that the seller receives proceeds amt
- Remind Seller to bring keys and garage remotes to closing
After Closing
If the Contract Terminates
If the Contract Terminates
- Upload all closing docs into compliance system
- Make sure checks are received
If the Contract Terminates
If the Contract Terminates
If the Contract Terminates
- Prepare release and cancellation of contract and submit to office
- Send executed release to the title company, lender and co op agent
- Make sure the client gets their earnest money back
All YOU have to do
If the Contract Terminates
All YOU have to do
- Provide fully executed contract, addendums, and contact information for all parties (Thru our Contract Submission tab)
- Deposit earnest money
- Attend inspections
- Negotiate Repairs
- Attend final walk through and closing
- Take lockbox and sign off property
- Collect your commission!!