Real Estate Closing Checklist

For Buyer

Lender/Broker name and phone number
If property is to be homesteaded, both husband and wife needs to attend closing
If there are two buyers and both are single, will they take title as Joint Tenants with Rights of Survivorship OR as Tenants in Common
Will this transaction be a mail away to any of the buyers Provide mailing address if buyer does not intend to occupy property as homestead
Homeowner’s Insurance/ Invoice and Flood Insurance if applicable, with Invoice WDO/Termite Inspection Report and Invoice
Repair invoices, if any, to be paid at the time of closing
If a Power of Attorney is to be used by any party; both Title Company and the lender MUST approve it
Provide COMPLETE, correctly spelled names of all buyers and marital status

For Seller

At Closing

All parties to bring TWO forms of identification. One from MUST include a photo and signature ( i.e., drivers license, passport )
Funds needed for closing can be wired ( for which a fee will be charged ) or can be in the form of a CASHIERS CHECK payable to Title Company
Do any of the parties have special needs ( i.e. translator, wheelchair access, etc )

 

© 2019, Oakstreet Realty
Oakstreet Realty
8539 Gate Parkway W. Suite 1718, Jacksonville, FL 32216

904-389-4344