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Exhibit B Closing Checklist by shitingting

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									                   Exhibit B: Closing Checklist
Address of Sold Property:____________________________ Price:____________

MLS#:__________________________ Projected Closing Date:______________

                 Sellers                           Buyers

Name:_____________________________ ______________________________

     _____________________________ ______________________________

Address:___________________________ ______________________________

     _____________________________ ______________________________

Forwarding Address:_________________   ______________________________

     _____________________________ ______________________________

Phone H:___________________________ H:_____________________________

     W:___________________________ W: ____________________________

     Pager/Cellular: _________________ Pager/Cellular:__________________

     Email: ________________________ Email: _________________________

COOP AGENT:

Name:____________________________________________________________

Firm: _____________________________________________________________

Address:___________________________________________________________
                                              Exhibit B: Closing Checklist
                                                                   Page 2

Phone H:___________________________ H:_____________________________

     W:___________________________ W: ____________________________

     Pager/Cellular: _________________ Pager/Cellular:__________________

     Email: ________________________ Email: _________________________

Broker’s Name:______________________ Email:_________________________

Office Phone:_______________________ Cell Phone:______________________

CLOSING:

Name of Officer:____________________________________________________

Company:_________________________________________________________

Address:__________________________________________________________

Phone:____________________________________________________________

Fax:__________________________ Email: ______________________________

Escrow #:______________________ Date of Opening: _____________________

    Send transaction coordination fee invoice to escrow in the amount of
     $_______________

CONTINGENCY CLOSING:

Name of Officer:____________________________________________________

Company:_________________________________________________________

Address: __________________________________________________________
                                                 Exhibit B: Closing Checklist
                                                                      Page 3

Phone:____________________________________________________________

Fax:_____________________________ Email:___________________________

Escrow #:________________________ Date of Opening:___________________

Duties owed (what has to happen for this to close):
           Duty                        Who                   Completed

1.___________________ _______________________ ____________________

2.___________________ _______________________ ____________________

3.___________________ _______________________ ____________________

4.___________________ _______________________ ____________________

5.___________________ _______________________ ____________________

LENDER:

Name of Firm:______________________________________________________

Agent:____________________________ Broker:__________________________

Address:___________________________________________________________

Loan #:___________________________________________________________

Phone W:_________________ H:___________________ Fax:_______________

Pager:___________________________ Email:____________________________
                                         Exhibit B: Closing Checklist
                                                              Page 4

2ND LENDER:

Name of Firm: _____________________________________________________

Agent:___________________________ Broker: __________________________

Address: __________________________________________________________

Loan #: ___________________________________________________________

Phone W:_________________ H:___________________ Fax:_______________

Pager:___________________________ Email:____________________________

TITLE INSURANCE:

Name of Firm: _____________________________________________________

Rep:_____________________________________________________________

Called in:_________________________________________________________

Phone W:_________________ H:___________________ Fax:_______________

Pager:___________________________ Email:____________________________

Short Rate:_______________________ Binder:___________________________

(Notify Title Rep)

2ND TITLE INSURANCE:

Name of Firm: _____________________________________________________

Phone W:_________________ H:___________________ Fax:_______________
                                              Exhibit B: Closing Checklist
                                                                   Page 5

Pager:___________________________ Email:____________________________

Notes: ____________________________________________________________

__________________________________________________________________

__________________________________________________________________

FINANCING:                                 COMMISSION:

Deposit___________________________ Gross__________________________

Call and make sure it cleared__________    Concessions____________________

Add’l Deposit______________________        Referral Fee____________________

Balance Down _____________________         Net Commissions________________

1st_______________________________         Note Amount___________________

2nd______________________________          Terms_________________________

3rd_______________________________         Net Cash_______________________

Total Sales Price______________________

CHECKLIST TO CLOSE:

1.    Deposit Receipt:   To Client:____ Recv’d From Client:____ File:________

2.    Counter Offers:    To Client:____ Recv’d From Client: ____ File:________

      Counter to Counter: To Client:___ Recv’d From Client:____ File:________

3.    Escrow Instructions: File _____
                                             Exhibit B: Closing Checklist
                                                                  Page 6

4.   Home Protection Plan:

Company:_________________________________________________________

Ordered:___________________________ Phone:_________________________

Confirmation:_______________________ Rep:__________________________

5.   Property Inspection: Bill Hogue 213.985.3234

     Signature Inspection Services, 6268 Vista Street, LB CA 90803

     Ordered:_______ Appointment: _______ Report on File: ______________

     Repairs agreed:___________ Repairs done:__________________________

6.   Permits in file:_________________________________________________

7.   In escrow letter – receipted to agent:_______________________________

     Outside affiliates:______________ _______________ ______________

8.   Seller carry back disclosure:

     Buyer: Sent:___________________ Received:_______________________

     Seller: Sent:___________________ Received:_______________________

     Agent: Sent:___________________ Received:_______________________

9.   FIRPTA: Received from Seller:___________________________________

     Received from agent: ___________________________________________

     File:__________________________ To Agent: ______________________
                                            Exhibit B: Closing Checklist
                                                                 Page 7

10.   Listing Disclosure:

      To Buyer:______________________ Received: _____________________

      To Seller:______________________ Received:______________________

      To Agent:______________________ Received:______________________

11.   Mold Disclosure:

      To Buyer:_____________________ Received: ______________________

      To Seller:_____________________ Received:_______________________

      To Agent:_____________________ Received:_______________________

12.   Agency Disclosure and Confirmation:

      To Buyer:_____________________ Received: ______________________

      To Seller:_____________________ Received:_______________________

      To Agent:_____________________ Received:_______________________

13.   Environmental Hazard Booklet:

      To Buyer:_____________________ Received: ______________________

      To Seller:_____________________ Received:_______________________

      To Agent:_____________________ Received:_______________________

14.   Earthquake Safety Booklet:

      To Buyer:______________________ Received: _____________________
                                             Exhibit B: Closing Checklist
                                                                  Page 8

      To Seller:_____________________ Received:_______________________

      To Agent:_____________________ Received:_______________________

15.   Sale Pending Rider Up:__________________________________________

16.   Caddy tray/brochure/lockbox picked up (if applicable):_________________

17.   Homeowners documents – receipt to agent:__________________________

18.   Move card: ___________________________________________________

19.   Sale board:____________________________________________________

20.   Cash flow sheet: _______________________________________________

21.   Termite:

      Other:_______________________________________________________

      Limit: _______________________________________________________

      Ordered Inspection:____________ Date of Work:_____________________

      Seller’s Notified:______________ Seller’s Notified:___________________

22.   Garage Inspection:

      Date Ordered:________________ N/A:____________________________

23.   Appraiser:____________________________________________________
                               Name and Address

      Works for:____________________ Appoint for: _____________________

      Seller notified:_________________ Time:__________________________
                                               Exhibit B: Closing Checklist
                                                                    Page 9

      Who to meet appraiser:__________________________________________

      Comps needed:       Yes       No

      Parameters needed:_____________________________________________

      2nd appraiser: _________________________________________________

      Works for:__________________ Appoint for: _______________________

      Seller notified:_______________ Time:____________________________

      Who to meet appraiser: _________________________________________

24.   Loan approval: __________ By Whom:___________ Date: ____________

      Conditions:___________________________________________________

25.   Order Termite Completion: ______________________________________

26.   Arrange final walk through:______________________________________

27.   Call sign down/get riders/lockbox/caddy tray:________________________

DUE DILIGENCE:

     Anything on this contract checked “seller” is to be provided by the listing
      agent.
     Anything on this contract checked “buyer” is to be provided by the buyer’s
      agent.
     NEVER assume that the agents are going to do their jobs and get you the
      paperwork. YOU MIGHT HAVE TO CALL THEM, and do so in a timely
      manner due to important deadlines. If not completed by the date in the
      contract, your escrow is in jeopardy of closing.
                                              Exhibit B: Closing Checklist
                                                                  Page 10

AT CLOSE OF ESCROW:

1.    Report sold to MLS: ____________________________________________

2.    Put up “Another Home Sold by Walter” sign if Walter’s listing:__________

3.    Take out of upbooks:____________________________________________

4.    Thank you letters:

      Client 1:______________________________________________________

      Client 2:______________________________________________________

      Client 3:______________________________________________________

      Other Broker: _________________________________________________

      Lender: ______________________________________________________

      Other: _______________________________________________________

5.    Just-sold cards (notify mail house):________________________________

6.    Enter into anniversary database: __________________________________

7.    Sales to date ledger and lead birth ledger:___________________________

8.    Database/Have/Want: __________________________________________

9.    Send sold info to Press Telegram “Real Estate Desk”: _________________

10.   Closing statement and letter dated January 10th in file:_________________

11.   Make Walter ask for referral:_____________________________________
                                                 Exhibit B: Closing Checklist
                                                                     Page 11

12.   E&O insurance transaction log:___________________________________

13.   Closing statement and copy of check in file:_________________________

14.   Walter’s office questionnaire sent to client:__________________________

15.   Request for moving mailer card addressed phone numbers:______________

16.   Moving card mailed:____________________________________________

17.   This file cannot close without testimonial letter or explanation as to why:

      _____________________________________________________________

18.   Referral fee payments: __________________________________________

19.   Call all referrals of move card:____________________________________

20.   Send testimonial letter to move card database:________________________

21.   Send referral/finder’s fee:________________________________________

      Name:_______________________________________________________

      Phone W_______________________ H:____________________________

      Cellular:_______________________ Pager:_________________________

      Fax: __________________________ Email:_________________________

      Amount $______________________ Date Sent: _____________________

22.   Call on “just-sold” cards:_______________________________________

23.   Take off all websites:__________________________________________
                                             Exhibit B: Closing Checklist
                                                                 Page 12

24.   Deliver all keys:_______________________________________________

25.   Make the appointment for the handyman “gift”:_______________________

26.   Coordinate the move-in day pizza delivery:__________________________

27.   Have Walter call in ten days:_____________________________________

28.   Send a thank you letter to the cooperative agent:______________________

								
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