Contract to Closing

It’s both exciting and stressful negotiating a real estate purchase contract. Once it’s signed by the sellers, buyers can relax a bit, but I can’t. There are still more negotiations, document deliveries, inspections, title details and mortgage tasks to be accomplished to reach a successful closing and walk away with the keys to your new real estate property.

There are more than 50 specific due dates and tasks on our average transaction checklist, but an overview of a few includes:

  • Post contract delivery of documents to the title company and ordering of a title binder or commitment.
  • Deposit of earnest money and delivery of receipt to the buyer client.
  • Helping my buyers to order inspections and coordinating them and providing access to assure they’re completed on time.
  • Coordinating timely delivery of any documents objecting to disclosures, inspection results, or title binder issues discovered.
  • Coordinating appraisal and appraiser access.
  • Working with mortgage company and coordinating delivery of documents they require.
  • Assisting my buyers with any negotiations related to contingencies, inspections or documents.
  • Constant monitoring of status of all processes at the title company.

There are a number of companies and people involved in a real estate transaction, including attornies, surveyors, appraiser, title company, mortgage broker, lender, loan underwriter, both agents, and possibly others. Each has specific duties and requirements, and each is concentrating on doing a good job for you. However, their focus is narrow, targeted on their specific niche in the deal. As your buyer agent, I'm your “go-to” resource to bring it all together. I'm here to coordinate the activities of all of these companies and people for you.

I'm constantly monitoring those 50+ document delivery items and the work done by these people. Daily we check the progress against contractual deadlines and act on our project requirements. A lot of this activity goes on behind the scenes and you’re not even bothered. Some of it requires that we contact you and request documents or actions. Please understand that my overriding goal is a smooth transaction, and getting you through meeting all deadlines is one of our jobs. I’ll only bother you when necessary, telling you what I need and when, and moving you through to a successful closing.

There is a lot more, but those are the highlights, and many sub–tasks are related to each of them. I'm obsessed with proper follow–up and detailed coordination of every step of the closing process for my buyer clients. It’s critical that I make all deadlines and keep the transaction on track to avoid defaulting on any terms of the contract. I’ll keep your real estate transaction on track, and you’ll have the time and advice you need to assure you’ve covered all of the bases prior to closing.

Facebook
Social Media

Recently Tweeted
  • @audicenasser

    For subscribers: Banks spot evidence of a housing bubble. What took so long? https://t.co/hDcVOahhe9

    3 hrs ago
  • @audicenasser

    The market is increasingly in the hands of investors and speculators who are buying up as many as three in 10 homes…https://t.co/FCQ6OghZdn

    1 days ago
  • @audicenasser

    If you sold your home in 2016, you need to let the taxman know as failing to do so could cost you up to $8,000 in pe…https://t.co/eRMm4CkIyj

    2 days ago
  • @audicenasser

    The Vancouver foreign buyers' tax and the proposal by the Ontario government to increase capital gains taxes on sale…https://t.co/J8nbFbKPYy

    2 days ago
  • @audicenasser

    “A year ago, something changed in a very big way,” Porter explains. That something was an influx of foreign investme…https://t.co/zb2xkKeVyp

    3 days ago
  • @audicenasser

    "WISH CONDOMINIUMS NOW SELLING" https://t.co/zXgXGmoNlB by @audicenasser on @LinkedIn

    4 days ago
  • @audicenasser

    Wish Condos in Scarborough Now Selling. You can download prices, floor plans, features and finishes brochure directl…https://t.co/ZfQwfiE3QO

    4 days ago
  • @audicenasser

    Speculators are buying up residential real estate all around the Greater Toronto Area and possibly pushing house pri…https://t.co/wHSm4X4dlT

    4 days ago
  • @audicenasser

    Charles Sousa is urging the federal government to help cool home prices in Toronto’s overheated real estate market.…https://t.co/1mofnHleuk

    5 days ago
  • @audicenasser

    Toronto's rent is affordable compared to other global financial hubs, study finds. https://t.co/dmpLOBDCx0

    7 days ago
Contact Info
Agent
Audice Nasser

MBA, Broker

World Class Realty Point Brokerage

240 Duncan Mill Road, Suite 403
North York  Ontario M3B 3S6

416-890-9882 audice@mytorontohomesale.com