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Keep the Transaction on Track
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Getting to Close
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Mortgage Basics
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Inspections and Repairs
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Closing Countdown
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Going for the Close
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Commission Disbursements
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Post-Closing Strategies

Quiz: Contract to Close

Bright Ideas: Contract to Close

Code of Ethics: Contract to Close

More Resources: Contract to Close

  KEEPING THE TRANSACTION ON TRACK

A Ready-Made Transaction Checklist

Send a copy of this checklist to the buyers’ representative to track dates and approve any deadlines you have set.

The basics:
Address of property
MLS number
Date of sale
Target closing date

Names and complete contact info for:
Buyers
Sellers
Buyers’ attorney
Sellers’ attorney
Cooperating broker(s)
Closing officer
Lender
Title insurance company
Appraiser
Home inspector
Other inspectors (termite, lead paint, radon) required by contract

Sellers' Progress Checklist

Give the sellers a checklist to track their responsibilities during the transaction.
Task
Initiation Date
Target Completion Date
Actual Completion
Preliminary title report      
Satisfaction letter from lender      
Utility readings and payments       
Right of first refusal (for condos)      
Home warranty policy (if applicable)      
Repairs completed (list each separately)      
Prepare deed (attorney)      
Arrange for payment of transfer taxes (attorney)      
Set closing date      











































Buyers', Salespeople's Progress Checklist >