Free Real Estate Closing Documents Checklist

Property Information:

• Title Deed: Is the title deed available and free of any encumbrances?

• Property Survey: Has a recent property survey been conducted and reviewed?

• Property Appraisal: Is the property appraised at or above the agreed-upon sale price?

Financial Documents:

• Purchase Agreement: Does the purchase agreement accurately reflect the terms and conditions of the sale?

• Mortgage Loan Documents: Are all mortgage loan documents, including the promissory note and mortgage deed, present and correctly executed?

• Down Payment: Has the buyer provided the agreed-upon down payment amount?

• Closing Costs: Have all parties agreed to the distribution of closing costs, and are these costs accounted for?

• Escrow Account: Is there an escrow account for taxes and insurance, and are the initial funds available?

• Loan Approval: Has the buyer obtained loan approval from the lender?

• Loan Estimate and Closing Disclosure: Are these documents provided and reviewed by all parties?

Inspection and Repairs:

• Property Inspection Report: Has a property inspection been conducted, and have any necessary repairs been documented and completed?

• Home Warranty: Is there a home warranty in place, if agreed upon?

Title and Insurance:

• Title Insurance: Is title insurance in place for both the buyer and lender?

• Homeowners Insurance: Has the buyer secured homeowners insurance for the property?

Government and Legal Documents:

• Property Tax Records: Are property tax records up-to-date and paid?

• Certificate of Occupancy: Is a certificate of occupancy available, if required by local regulations?

• HOA Documents: Are all necessary documents and fees from the homeowners' association accounted for?

• Closing Statement: Is a closing statement provided to all parties, outlining all financial transactions?

Final Walkthrough:

• Property Condition: Has a final walkthrough been conducted to ensure the property is in the agreed-upon condition?

• Keys and Access: Have keys and access codes been transferred to the buyer?

Signatures and Notarization:

• All Parties' Signatures: Have all parties involved signed the necessary documents?

• Notarization: Are documents requiring notarization properly notarized?

Miscellaneous:

• Contingencies: Have all contingencies been satisfied or waived?

• Earnest Money: Has the earnest money deposit been credited correctly?

• Utilities Transfer: Are instructions and arrangements made for transferring utilities?

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