Contract Process - Buyers (Supreme)

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  • Under Contract

  • Contract executed (signed)

  • Loan Pre-Approval Letter

  • Submit Contract to Closing Attorney

  • Due Diligence

  • Inspections

  • Termite Certificate

  • Homeowners Insurance

  • Flood Insurance

  • Survey

  • Utilities  (List obtained from Seller)

  • Post Due Diligence Period

  • Inspection Repairs Requests Form Completed

  • Required Repairs Done 

  • Repair documentations Obtained (receipts, invoices, pictures, bills, etc)

  • Loan Progress

  • Estimated Loan Approval Date Confirmed

  • Appraisal Ordered

  • Loan Conditions Established

  • Loan Finalized

  • Loan Conditions Meet

  • Appraisal Done

  • Loan Approved (Ready for Closing)

  • Pre-Closing

  • Termite Certificate (Need for Closing?)

  • Utilities Transfer Setup - (Ask Sellers for grace period post Closing Date)

  • Final Walk-Through

  • Deposit Check

  • CD / HUD Reviewed

  • CLOSING DAY!

  • Closing Instructions from Closing Company

  • Buyer Funds Required

  • Deposit Check (Seller Holding?) 

  • Termite Certificate (if needed)

  • Necessary Documentations

  • Utilities Transferred Today

This checklist was created by carlosalvarez

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