(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.

21.) Appropriate title report items cleared by escrow / settlement officer and any additional conditions reviewed.

22.) Loan package submitted to underwriting.

23.) Assistance given to buyer for selection of hazard insurance company, if required.

We are happy to provide you with the names of reputable local insurance companies visit our website under Park City local Vendors to see a list of our highly recommended local vendors.

24.) Loan approved.

25.) Loan documents ordered.

26.) Loan documents delivered to escrow.

27.) Hazard insurance ordered, if required.

28.) Closing date confirmed; final dollar balance to be deposited into escrow is determined.

Estimate of Closing Costs: We work closely with our title service team & your lender to provide you with a preliminary estimate of closing costs & down-payment requirements anticipated in the transaction. Our purpose is to eliminate any closing day surprises.