The right people, at the right place and the right time... Efficient talent sourcing services
We represent clients in all aspects of real estate buying and selling transactions and leasing. We provide clear, practical advice to help clients achieve their business goals, whether it involves a simple lease renewal, a complex financing, or development proposal. In each matter, we define success the same way: by meeting the client’s objectives as efficiently and effectively as possible.
The Closing Procedure
Contract fully executed by both parties.
Earnest money deposited with Realtor or Seller Attorney.
Loan application initiated by Buyer.
Buyer must order Termite and Septic inspection.
Property inspection ordered by Buyer.
Copy of inspection to Buyer and Seller, Buyer must provide Seller with repairpriority list.
Appraisal ordered by Lender.
Appraisal complete. The appraisal may have lender-required repairs.
Seller orders repair work with priority to lender-required repairs, and then buyer inspects repairs.
Repairs completed and approved by Lender and Buyer.
Lender approval of Buyer.
Attorney to order title insurance and survey.
Survey approved by Title Company.
Closing date set.
Buyer arranges insurance for home. Provides this information to Lender
Confirm closing figures with Attorney. Buyer must bring cashier's check or certified funds to close.
Pre-closing walk through conducted by Buyer
Check must be made out to Attorney’s Trust Account.
Buyer's Checklist for Purchase:
Initial deposit paid
Attorney Review complete
Begin Mortgage Application process
Home inspection scheduled
Additional deposit paid
Negotiate home inspection issues
Obtain Mortgage Commitment
Attorney to order title and survey
Obtain final figures and certified funds for closing
Do final walkthrough
Attend closing, sign mortgage documents and receive keys
Have utilities transferred
Deed and Final Title Policy to be received about 3-6 months after closing.
Seller's Checklist for Sale:
Attorney Review complete
Initial deposit received
Buyer completes home inspection
Additional deposit received
Home inspection issues resolved
Provide back title and survey to our office
Mortgage commitment received
Title received and reviewed by attorney
Payoff information provided to attorney for all mortgages and equity lines
Freeze any equity lines
Make sure smoke detectors, CO detectors and fire extinguisher properly installed and operating
Get Certificate of Occupancy/Smoke Inspection from township
Order final water reading
House in broom clean condition for walkthrough
Leave any extra keys, garage door openers, booklets in the house