An Accepted Offer is a Goal, But Not the Finish Line


Our involvement and service doesn’t end when the seller and buyer agree to the price and terms. To the contrary, keeping a property transaction on track and on schedule can ultimately be the difference between a smooth closing and one that doesn’t happen at all. We continue to represent you through the remaining chapters of home ownership.

Home Inspection: Once the offer is accepted, we will schedule the home inspection with the buyer(s), if this is a contingency of the offer. We will attend the inspection to answer any of the inspector’s questions about the property and will provide you all relevant feedback.

Purchase and Sale Agreement: We will work closely with you and your attorney to coordinate the logistics of executing the document within the time period specified. All funds will be placed in escrow with Coldwell Banker Residential Brokerage.

Appraisal: Once the buyer(s) have begun their loan application, we will coordinate with you and the lender to accompany the appraiser to the site. We will provide them with all pertinent information about the property and provide a list of recent comparable sales to substantiate the selling price.

Mortgage Commitment: Once the appraisal is complete, we will stay in touch with the cooperating agent and/or the loan officer to be sure the lender has all relevant documents and that the commitment is received in a timely fashion. We will also follow up on outstanding conditions of the mortgage commitment.

Smoke and Carbon Monoxide Detector Certification: Approximately 1 to 2 weeks prior to the closing, we will review the property to ensure that all smoke detectors and carbon monoxide detectors meet the Massachusetts compliance laws. When ready, we will make the appointment for the Fire Department to come to the property to test and certify that the smoke and carbon monoxide detectors are in the proper place and in working condition.

 
6-D Certificate: We will coordinate with the Trustee(s) of the Condominium Association to receive a 6-D certificate, stating that all association fees are paid up to date. This document will be notarized and we will have it available at the closing.

Certificate of Insurance: we will coordinate with the Insurance Agent who handles the Master Insurance Policy of the association to issue a Certificate of Insurance naming your buyer as a beneficiary of the Master Policy. We will be sure this is available for the closing.

The Closing: Usually the time and place of the closing will be arranged by the attorneys. We will notify all parties and coordinate any last minute “walk throughs” or miscellaneous tasks.