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Your Offer Is Accepted, Now What?

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

 

Checklist For Sellers: Contract to Close

  1. Contract signed and dated

  2. Earnest money received

  3. Home inspection completed and repairs negotiated

  4. Confirm that buyer has made loan application

  5. Make sure appraisal is done and satisfactory

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

  7. Provide payoff information on all existing mortgages to closing attorney

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

  9. Get an estimate from moving company and get on the books

  10. Give utility information to buyer and call utilities to arrange for transfer

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

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

  13. Change address for mail, newspaper, and magazine subscriptions

  14. Discontinue property insurance

  15. Have home cleaned and yard cut for buyer final inspection

  16. Make arrangements for key transfer and garage door openers at closing

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

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

  19. Close

Seller Tips: Thinking About Selling What Is My Home Worth The Selling Process After Offer Accepted

Buyer Tips: Thinking About Buying What Can I Afford? Find The Right Home After Offer Accepted