(List From Nina Arlook with First American Title Company)
This is your 41-step checklist outlining the functions to be performed by your real estate team: Brad Jensen (your real estate agent), mortgage lender and the title & escrow company for a successful real estate transaction. The steps have been color-coded to indicate the role each member of your “team” will take and the order in which each task is typically performed.
Red – Real Estate Agent / Brad Jensen
Orange – Mortgage Lender
Blue – Title Company
Black – All Team Members
We’ve numbered these functions for your convenience, however, many of these steps occur simultaneously.
11.) Appraisal ordered.
12.) Contract reviewed and contingency dates noted.
We will provide you with a list of critical dates so you can track the progress of the transaction with ease.
13.) Preliminary Report / Title Commitment reviewed and forwarded to lender and real estate agent.
14.) Disclosure package provided to buyer for review.
Property Disclosures: Brad will review with you all inspection reports, written seller disclosures & any other documents provided from the Sellers pertaining to the condition of the property & disclose all physical defects of the property that are known to us. Carefully reviewing these documents will enable you to accept or specify the remedy for each fault disclosed. All remedies should be addressed in writing in the offer to purchase.
15.) Preliminary Report / Title Commitment reviewed by all parties.
16.) Loan program selected.
17.) Inspections reviewed and/or contingencies removed.
We will monitor & inform you of the progress of the purchase agreement, including satisfaction of all contingencies & conditions.
18.) Loan contingencies removed; deposit increased, if required.
19.) Increased funds received, if called for.
20.) Final documents accumulated for loan approval.
Do you have questions on any of the steps?
Give Brad a call today (435)901-8333
Brad has been in the real estate business for 20+ years & has an exceptional knowledge of the market. He takes great pride in giving his clients the very highest level of customer service & is available to help you with your real estate needs! Brad will assist you in every step of the real estate transaction.