Contract Process - Buyers (Supreme)

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• Under Contract

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• Contract executed (signed)

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• Loan Pre-Approval Letter

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• Submit Contract to Closing Attorney

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• Due Diligence

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• Inspections

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• Termite Certificate

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• Homeowners Insurance

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• Flood Insurance

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• Survey

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• Utilities  (List obtained from Seller)

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• Post Due Diligence Period

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• Inspection Repairs Requests Form Completed

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• Required Repairs Done 

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

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• Loan Progress

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• Estimated Loan Approval Date Confirmed

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• Appraisal Ordered

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• Loan Conditions Established

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• Loan Finalized

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• Loan Conditions Meet

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• Appraisal Done

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• Loan Approved (Ready for Closing)

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• Pre-Closing

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• Termite Certificate (Need for Closing?)

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

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• Final Walk-Through

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• Deposit Check

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• CD / HUD Reviewed

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• CLOSING DAY!

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• Closing Instructions from Closing Company

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• Buyer Funds Required

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• Deposit Check (Seller Holding?) 

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• Termite Certificate (if needed)

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• Necessary Documentations

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• Utilities Transferred Today

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