What Happens Now?

 

 Checklist for Home Sellers

Selling a home is a complicated and often confusing process. This “Contract to Close” checklist helps you keep track of all the details:

  • Contract signed and dated

  • Earnest money received

  • Home inspection completed and repairs negotiated

  • Confirm that buyer has made loan application

  • Make sure appraisal is done and satisfactory

  • Give all contract documents to closing agent/attorney and set up closing date/time

  • Provide payoff information on all existing mortgages to closing attorney

  • Advise closing agent on how funds are to be dispersed to you – wire/check

  • Get an estimate from moving company and get on the books

  • Give utility information to buyer and call utilities to arrange for transfer

  • Leave codes to security system, gates, pool; appliance manuals and warranty information.

  • Complete any repairs agreed to in contract prior to final walk-through

  • Change address for mail, newspaper and magazine subscriptions

  • Discontinue property insurance

  • Have home cleaned and yard cut for buyer final inspection

  • Make arrangements for key transfer and garage door openers at closing

  • Confirm with closing agent and buyers that everything is set for close and loan approved

  • Review Preliminary HUD (settlement statement) 24-hrs prior to close if possible

  • Close