Checklist for Sales with New Loans-Wholesaling

Save yourself from the lawyer charges and time spent in legal offices and take help from online printable forms

A Checklist for Sales with New Loans-Wholesaling form is not a difficult one to get through; however it is necessary to ensure that you have pout in all the essential details and agreement policies before it is handed over to the other party. However getting it done all by yourself is not possible and if you are apprehensive about the charges of the lawyer then it is necessary that you take a look at all the available online platforms that provide printable forms. Nonetheless it is necessary to get the correct one so that there sure no mistakes in polices.

What the checklist for sales forms can include

When it comes to a Checklist for Sales with New Loans-Wholesaling forms there has to be a number of things included and the ones that are there is the printable forms includes the credit application, report on it, the verification of the credit history and employment details and disclosure from the point of the seller. The opening and closing process of the loan is mentioned in details including all the data of the transactions, termite report, mortgage verification, and verification regarding all the utilities and several other necessary details.

Time and money saved

The online forms are a great help for all those who have unavailability of lawyers and legal help or cannot be physically available to sit for hours outside the lawyer’s office and wait for their turn to get in and start the agreement forms. Not only will the printable forms save money but also the precious time that is very much required to assort other pending priorities for the upcoming event.

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Sample Template Preview

CHECKLIST FOR SALES TRANSACTIONS:
 NEW LOAN

PROPERTY ADDRESS:_________________________________________________________

APPLICATION PROCESS:

                           .Credit Application
                           .Application Receipt Agreement (certified funds only)
                           .Order Credit Report
                           .Verify Job, Rental History, Credit Report

CONTRACT DOCUMENTS:

                           .Earnest Money Contract
                           .Seller’s Disclosure
                           .Lead Based Paint Addendum if built before 1978
                           .Water District (MUD) Notice

LOAN AND CLOSING PROCESS

                          .Open Title
                          .Send Buyer to Mortgage Company
                          .Constant Follow-Up on Loan Process through Closing every 3-4 days
                          .Receive and Review Title Commitment
                          .Make Sure All Utilities are on for Inspections/Appraisal
                          .Order Termite Report (Report only good for 30 Days)
                          .Verify Mortgage/Lien Payoff Information
                          .Prepare or Order Release Of Liens
                          .Payoff Investor Or Substitute Collateral (Change In Computer)
                          .Schedule Closing
                          .Remove Paid-Off Liens From Scheduled Transaction Payments
                          .Cancel Insurance-Look For Refund
                          .Turn Off All Utilities After Closing
                          .Check Into Escrow Account Refund-Look For Refund
                          .Remove Signs And Pick Up Lockbox
                          .Cancel Lawn Or Pool Service If Necessary
                          .Terminate All Advertising, Update MLS Listing
                          .Thank You Letter To Buyer with small gift