AGENTS - Closing Checklist
Selling and buying homes at the Lake of the Ozarks is a big undertaking for everyone involved. The buyers, the sellers, the lender, the appraiser, the inspector, and the title company at the Lake of the Ozarks must all work together to ensure that everything progresses smoothly and accurately. We talk frequently about tips for buyers and sellers to simplify the process on their end, but what about ways the real estate agents can make their lives easier?
Arrowhead Title, Inc. is here to help everyone, including the real estate agents. This week, we've put together a simple checklist to help agents avoid any issues at closing time. We hope you find it helpful!
Checklist For Real Estate Agents
~~ Fill out your closing control sheet.
~~ Provide payoff information from the seller.
~~ Provide social security numbers to eliminate additional requirements. (This is often necessary when ordering payoffs.)
~~ Is there a homeowners' association? If so, provide its name and number. Is there a sub-association?
~~ Is there an estate/trust? Is there an attorney?
~~ Provide all amend/extends and counter-proposals.
~~ Provide the inspection resolution. Are there any items to be credited or escrows to be held?
~~ Is this going to be a mail-out to the buyer or seller?
~~ Commission Disbursement: are you holding, withholding, or bringing earnest money to closing?
~~ Power of attorney? Let us know.
~~ Is this a 1031 exchange? if so, what is the name of the company?
Contact Arrowhead Title For More Information About The Title & Escrow Process
Arrowhead Title, Inc. is proud to be one of the best title insurance companies at the Lake of the Ozarks. No matter whether you are buying, selling, or representing a buyer/seller, our team of title professionals would be honored to assist you through the process. For more information about our title and escrow services at the Lake of the Ozarks, visit our website: www.ArrowheadTitle.com
Contact Arrowhead Title, Inc. to begin your title insurance process today!
The Lake of the Ozarks' Most Trusted Title Company
Contact Arrowhead Title, Inc. to begin your title insurance process today!
The Lake of the Ozarks' Most Trusted Title Company
Where Accuracy Matters!
Excellent post and it's really useful for real estate agents.
ReplyDeleteRegards,
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