Welcome, Tony!
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Thank you for choosing Brokers Trust - Fitzburgh Realty Team!
We have created this private page in efforts to keep you better informed with the process. For your convenience, it includes your timeline as well as your personal calendar. This should help keep you updated with all that will take place in the upcoming days. You may view them below. Our goal is to make your experience the best it can be. Please feel free to contact us with any questions - we are happy to assist you! |
1136 WEST EDGEWARE ROAD | ANGELINO HEIGHTS 90026
TRANSACTION TIMELINE:
DAY DESCRIPTION PERFORMANCE DATE
-7 Offer Date Sunday, 08/07/2016
0 Offer Acceptance Date Sunday, 08/14/2016
3 Initial Deposit check due (deadline) Wednesday, 08/17/2016
7 Seller Disclosures to Buyer (deadline) Monday, 08/22/2016
0 ALL Buyer Contingencies (none) Sunday, 08/14/2016
30 Close of Escrow Date Tuesday, 09/13/2016
NOTES:
1) The Buyer's initial deposit of $21,600 was paid into the escrow account on Tuesday, August 16.
2) The Buyer has scheduled a home inspector/contractor for renovations for Saturday, August 20 from 9am to 12pm.
3) The Buyer has already removed all buyer contingencies for this transaction.
LOOKING AHEAD - BELOW IS A BRIEF OUTLINE OF WHAT COMES NEXT:
1) Complete all escrow opening package documents. NOTE: Some escrow documents require your signature only (some can be electronically signed with DocuSign and others may need an original "wet" signature), while other escrow documents need to be printed out, completed, signed and sometimes even notarized. We will forward you all of the necessary escrow documents and let you know if anything other than your electronic signature will be required.
NOTE: you are free to contact escrow directly but we much prefer if you consider us your "SINGLE POINT OF CONTACT" in order to best facilitate communication and to minimize any chance for confusion. If you always come to us with any questions or concerns we will always be "in the loop" and know what is going on- thank you:)
2) Sign and notarize the grant deed. Escrow can provide notary services at the escrow office for a nominal fee (sometime free of charge) but if it is more convenient, you can go to a local "notary public" for notary services and then find a way to deliver the notarized document to the escrow company.
NOTE: BE SURE TO BRING VALID PHOTO ID TO THE NOTARY (current driver's license or passport, etc.).
3) Buyer's Final Walk-through & Verification of Property Condition:
The Buyer will make an appointment to conduct the final walk-though within 5 days of the close of escrow to make sure that the property is in the same condition as it was on the date the offer was accepted. After the Buyer conducts the final walk-through, we will send you a PDF of the Buyer-signed "Verification of Property Condition" for your review and signature.
4) Buyer's Closing Funds:
Approximately three business days prior to COE, Buyer will wire transfer the required funds to close.
5) Close of Escrow Date:
"Close of Escrow Date" is the date that the grant deed is recorded in the Buyer's name as the new owner.
Typically, there is nothing for the seller to do on the Close of Escrow Date. As soon as we receive confirmation that the grant deed has been recorded, we will contact you to let you know.
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6) Seller's Proceeds from Sale (i.e.- your money $$):
On the day of close of escrow, your file will be closed out and your proceeds will be delivered by the method that you specify in the escrow opening package documents. You may receive your proceeds on the day of close or it might be the following business day- depending on the actual time of day that the grant deed gets recorded.
DAY DESCRIPTION PERFORMANCE DATE
-7 Offer Date Sunday, 08/07/2016
0 Offer Acceptance Date Sunday, 08/14/2016
3 Initial Deposit check due (deadline) Wednesday, 08/17/2016
7 Seller Disclosures to Buyer (deadline) Monday, 08/22/2016
0 ALL Buyer Contingencies (none) Sunday, 08/14/2016
30 Close of Escrow Date Tuesday, 09/13/2016
NOTES:
1) The Buyer's initial deposit of $21,600 was paid into the escrow account on Tuesday, August 16.
2) The Buyer has scheduled a home inspector/contractor for renovations for Saturday, August 20 from 9am to 12pm.
3) The Buyer has already removed all buyer contingencies for this transaction.
LOOKING AHEAD - BELOW IS A BRIEF OUTLINE OF WHAT COMES NEXT:
1) Complete all escrow opening package documents. NOTE: Some escrow documents require your signature only (some can be electronically signed with DocuSign and others may need an original "wet" signature), while other escrow documents need to be printed out, completed, signed and sometimes even notarized. We will forward you all of the necessary escrow documents and let you know if anything other than your electronic signature will be required.
NOTE: you are free to contact escrow directly but we much prefer if you consider us your "SINGLE POINT OF CONTACT" in order to best facilitate communication and to minimize any chance for confusion. If you always come to us with any questions or concerns we will always be "in the loop" and know what is going on- thank you:)
2) Sign and notarize the grant deed. Escrow can provide notary services at the escrow office for a nominal fee (sometime free of charge) but if it is more convenient, you can go to a local "notary public" for notary services and then find a way to deliver the notarized document to the escrow company.
NOTE: BE SURE TO BRING VALID PHOTO ID TO THE NOTARY (current driver's license or passport, etc.).
3) Buyer's Final Walk-through & Verification of Property Condition:
The Buyer will make an appointment to conduct the final walk-though within 5 days of the close of escrow to make sure that the property is in the same condition as it was on the date the offer was accepted. After the Buyer conducts the final walk-through, we will send you a PDF of the Buyer-signed "Verification of Property Condition" for your review and signature.
4) Buyer's Closing Funds:
Approximately three business days prior to COE, Buyer will wire transfer the required funds to close.
5) Close of Escrow Date:
"Close of Escrow Date" is the date that the grant deed is recorded in the Buyer's name as the new owner.
Typically, there is nothing for the seller to do on the Close of Escrow Date. As soon as we receive confirmation that the grant deed has been recorded, we will contact you to let you know.
Hide original message
6) Seller's Proceeds from Sale (i.e.- your money $$):
On the day of close of escrow, your file will be closed out and your proceeds will be delivered by the method that you specify in the escrow opening package documents. You may receive your proceeds on the day of close or it might be the following business day- depending on the actual time of day that the grant deed gets recorded.
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