Are you in the process of buying or selling a home? If so, you'll need to be familiar with the real estate closing process. A real estate closing checklist can help ensure that everything goes smoothly at closing. This form can help you keep track of the documents and items that need to be completed or addressed prior to closing. Using a checklist can help reduce stress and make the Closing process less confusing. If you're unsure about what needs to be done before Closing, talk to your Realtor or Attorney. They should be able to provide you with a detailed list of what needs to be done, and when it needs to happen.
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Question | Answer |
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Form Name | Real Estate Closing Checklist Form |
Form Length | 3 pages |
Fillable? | No |
Fillable fields | 0 |
Avg. time to fill out | 45 sec |
Other names | real estate closing checklist, transaction coordinator contract to close checklist, real estate transaction checklist, real estate transaction checklist templates |
CLOSING CHECKLIST
PROPERTY ADDRESS |
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LISTING COMPANY |
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SELLING COMPANY |
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SALESAGENT |
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SALESAGENT |
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SELLER |
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BUYER |
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SELLER'S ATTORNEY |
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BUYER'S ATTORNEY |
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* DO NOT FORGET TO NOTIFY |
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INCOME WITHHOLDING TAX * |
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_____1. |
EARNEST MONEY CHECK |
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_____A. Deposited/Date |
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_____B. Transfer to Closing Attorney |
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_____C. Other |
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_____2. |
MULTIPLE LISTING SERVICE |
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Computer |
Forms |
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_____A. Contingency Pending |
_____A. Change of Status |
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_____B. Pending |
_____B. Other |
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_____C. Sold |
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_____3. |
PUT UP SOLD SIGN |
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_____4. |
REMOVE LOCK BOX |
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_____5. |
ORDER TERMITE INSPECTION |
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_____A. Transfer Termite Bond Protection |
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_____B. Pest Control Protection |
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_____C. Other |
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_____6. |
PROPERTY INSPECTION (Order any repairs needed) |
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_____A. Appliances |
_____F. Roof |
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_____B. Furniture |
_____G. Miscellaneous Convey Items |
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_____C. Window Treatments |
_____H. Removal of |
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_____D. Plumbing |
_____I. Other |
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_____E. Electric |
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_____7.ARRANGE TRANSFER OF UTILITIES, ETC.
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UTILITY |
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CONTACT |
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Electricity |
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Water |
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Sewer/Septic Tank |
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Tap Fee |
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Impact Fee |
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Septic Tank |
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Approval |
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Cable TV |
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Telephone |
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Garbage |
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Gas |
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Security |
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Other |
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Form 350 PAGE 1 OF 2
_____8. |
INSURANCE |
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AGENCY |
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CONTACT |
DATE |
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Flood |
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Wind, Storm, & Hail |
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Fire (Hazard) |
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____9. LOAN APPLICATION |
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COMPANY |
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PROCESSOR |
DATE |
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Loan Assumption |
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Prorate Interest |
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First Mortgage |
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Second Mortgage |
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____10. |
ORDER DEED PREPARATION |
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_____A. Name as it should appear on deed |
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_____B. Does Seller want Buyer's Attorney to prepare deed? |
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_____C. Does Buyer want Title Insurance? |
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_____11. |
ORDER SURVEY |
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_____12. |
RENTAL INFORMATION |
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_____A. Sign Management Agreement/or Withdraw From Rental Program |
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_____B. Sign Interest Agreement |
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_____C. Lock Box Agreement for Buyer |
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_____D. Refund Lock Box Fee to Seller |
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_____E. Check with Bookkeeper for Outstanding Bills |
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_____13. |
CONDOMINIUMS |
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_____A. Notify Home Owners Association |
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_____B. Transfer Name and Address |
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_____C. Outstanding Balance/Prorated Rents |
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_____D. Transfer Rent Securities |
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_____14. |
REVIEW SALES CONTRACT TO BE SURE ALL CONTINGENCIES HAVE BEEN MET |
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_____15. |
SELLER SIGN LEASE AGREEMENT IF REMAINING IN HOUSE/CONDO |
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_____16. |
CLOSING STATEMENT REVIEW |
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_____A. Check Addition and Subtraction |
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_____B. Transfer Rent Securities |
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_____C. Interest Prorated |
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_____D. Earnest Money Transferred to Closing Attorney |
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_____E. Go over Closing Statement with Buyer |
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_____F. Go over Closing Statement with Seller prior to Closing |
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_____G. Termite Inspection fee |
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_____H. Reminder: Signed Agency Disclosure |
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_____17. |
KEYS |
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_____A. Get Keys from Seller |
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_____B. Give Keys to Buyer |
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AFTER THE CLOSING |
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_____1.THANK YOU LETTERS TO BUYER AND SELLER. PERIODIC FOLLOW UPS ARE NICE! |
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_____2. |
DISBURSE FUNDS |
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_____A. Selling Agent |
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_____B. Listing Agent |
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_____C. Referral |
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Date |
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The foregoing form is available for use by the entire real estate industry. The use of the form is not intended to identify the user as a REALTOR®. REALTOR® is the registered collective membership mark which may be used only by real estate licensees who are members of the NATIONAL ASSOCIATION OF REALTORS® and who subscribe to its Code of Ethics. Expressly prohibited is the duplication or reproduction of such form or the use of the name "South Carolina Association of REALTORS®" in connection with any written form without the prior written consent of the South Carolina Association of REALTORS®. The foregoing form may not be edited, revised, or changed without the prior written consent of the South Carolina Association of REALTORS®.
© 2002 South Carolina Association of REALTORS®. 01/02
Form 350 PAGE 2 OF 2
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