Checklist for a Transaction

o Contract signed and dated

o Escrow opened and earnest money deposited

o Termite inspection ordered by seller

o Property inspection ordered by buyer

o Insurance for home procured by buyer

o Loan application requested by buyer

o Copy of inspection given to buyer and seller

o Repair priority list given to seller from buyer

o Appraisal ordered by lender

o Appraisal completed

o Repair work ordered by seller after negotiated by buyer and seller

o Buyer approved by lender

o Other inspections, if needed, requested by buyer

o Repairs completed and approved by lender and buyer

o Final contingencies removed

o Final signing appointment scheduled

o Closing figures confirmed with escrow officer – buyer informed of funds due at closing

o Final documents signed by buyer and seller

o Final documents filed with county recorder