The Escrow Process: from Pending Sale Through Close of Escrow
After the offer has been ratified, I will perform the following tasks on your behalf:
- Verify that escrow has been opened, and that the buyer's earnest money has been deposited.
- Review the preliminary title report, and make sure that all title, easement, and other issues are addressed and signed by the buyer.
- Ensure all necessary documents, including contracts, disclosures and reports are properly executed.
- Ensure all contract contingencies and deadlines are met and removed as required within the contractual time limits.
- Deliver copies of all pertinent documents to you and the buyer's agent.
- Monitor progress of buyer's financing.
- Manage scheduled property inspections and communicate findings.
- Represent you in any further negotiations which may result from property inspections.
- Help you coordinate any repairs that may be required during the escrow period.
- Coordinate the drawing and signing of closing papers.
sherrybenninger@grubbco.com
The GRUBB Co., 1960 Mountain Blvd., Oakland, CA 94611
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2024 Sherry Benninger. For informational purposes only. No reprinting of this material is allowed without express written permission.
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