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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 home.

There are more than 25 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.
  • Helping my buyers to order inspections and coordinating them and providing access to assure it is completed on time.
  • Coordinating timely delivery of any documents objecting to disclosures, inspection results, or title binder issues discovered.
  • Working with mortgage company to make certain all documents are obtained by them from the title company, from me, and from you. This also includes checking in on the appraisal process.
  • Assisting my buyers with any negotiations related to inspections.
  • Constant monitoring of status of all processes at the title company to make certain documents are received from the lender, from the home owners association and we are ready to close on the agreed date per the contract.

There are a number of companies and people involved in a real estate transaction, including attorney's, 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 and to trouble shoot anything along the way. I'm here to help coordinate the activities of all of these companies and people for you.

I'm constantly monitoring these document delivery items and the work done by others in the transaction. Daily I 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 I 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 my 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 constantly on top of things with proper follow–up and detailed coordination of every step of the closing process for my Buyer clients. It’s critical that I make any deadlines and keep the transaction on track to avoid defaulting on any terms of the contract or for us to have a delay in closing. 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.

Jennifer Chatham
Jennifer Chatham
Re/Max Vintage
Houston, TX 77070

713-447-1333
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Jennifer Chatham, Broker Associate

TREC# 0563262

713-447-1333
10130 Louetta Rd Ste J 
Houston, TX 77070

chathamjj@hotmail.com
Information About Brokerage Services Link Below:
http://members.har.com/mhf/terms/dispBrokerInfo.cfm?sitetype=aws&cid=563262

Re/Max Vintage

TREC# 0604943

281-376-9900
10130 Louetta Rd Ste J
Houston, TX 77070

www.RemaxVintage.com
Consumer Protection Notice Link Below:
https://www.trec.texas.gov/sites/default/files/pdf-forms/CN%201-2.pdf

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