10651 Spotsylvania Ave
Fredericksburg, VA 22408

Phone - 540.752.1121
Fax - 571.776.2650

Responsive, Reliable & Timely
Real Estate Closing Services

Buyer (Selling) Agent's Checklist for Closing

INITIAL TRANSMITTAL TO THE SETTLEMENT AGENT

  • Complete, Legible Copy of the Ratified Contract
  • Contract Addendums and Disclosures
  • Contract Amendments
  • Commission Information to Include Split and Administrative Fees
  • Buyer Contact Info (phone, fax, email, address)
  • Listing Agent Contact Info (office phone, cell phone, pager, fax, email)
  • Lender Contact Info (Loan Officer’s office phone, cell phone, pager)
  • Powers of Attorney (if any)
  • Notification of any Special Needs of Buyers
  • SCHEDULING CLOSING
  • Confer with Buyers
  • Negotiate Appointment Time with Listing Agent
  • Schedule Appointment with Settlement Agent
  • Schedule Walk –Through with Buyer and Listing Agent
  • Discuss Possession with Listing Agent and Buyer

GENERAL INFORMATION TO BUYERS

  • Discuss Loan Process and Cooperation with Lender
  • Homeowners (Hazard) Insurance
  • Utility Connections
  • Certified Funds for Closing (Rely on Good Faith Estimate, if Necessary) made payable to Blue & Gray Title, LLC.
  • Arrangements for Child Care (and/or Pet Care)

FOLLOW UP CONTACT WITH SETTLEMENT AGENT

  • Contract Amendments
  • Copies of all inspections with paid invoices sent to settlement agent for HUD preparation and closing cost credit calculation, if applicable
  • Invoices to be Paid at Settlement
  • Financing Changes
  • Last Minute Closing Issues
  • Lingering Home Inspection Issues
  • Walk Through “Problems”
  • Possession Disputes