For Realtors®: From Listing to Closing

Our firm has always taken pride in being a resource to Realtors®. Whether or not we are a part of your transaction, we remain available to answer questions you may have.  Our attorneys make frequent presentations at Realtor® offices and events on the manner in which you may assure your accepted offer proceeds to closing.  Realtors® who consider the issues presented below with their sellers at the original listing conference can assure a successful closing.

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1. Who is the titled owner?

    -If an estate: Has an executor or administrator been appointed?

    -If a guardianship: The contract is subject to court approval

    -If a divorce: Are both parties in agreement? What does the agreement say? Who are the matrimonial attorneys?

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2. Is there a buried oil tank? Consider having the Seller abandon it now

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3. Does Seller have a certificate of occupancy for all improvements?

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4. Has Seller compiled all of the documents available from the time of purchase? Deed, title policy, survey, c/o's

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5. Have the premises been treated for termites? Is there a guarantee?

 

6. Consider a seller's home inspection

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7. Where is the Seller going? Is timing critical to this transaction?

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8. What debts will the Seller have to satisfy at closing?

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9. Whose fence is that? Obtain an invoice if possible

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10. Has a tax grievance been filed?

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11. Are there solar panels?