If you are the seller:
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Have your attorney review the purchase and sales agreement prior to signing to advise
you on details in the contract
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Notify your realtor which attorney you will be using to assist with the closing
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Send your attorney the fully signed purchase and sales agreement and any disclosures
you may have signed as soon as it is completed by all parties
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If you are notified that repairs are required based upon an inspection of the premises,
contact your attorney as to how to proceed with these suggested repairs. Remember, most contracts have time limits on when you must respond to repair requests; get this information to your attorney as soon as possible
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Notify your attorney if you have a mortgage(s) or liens on the property and provide your attorney with the most current mortgage statement
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Inform your attorney as to whether your home has the following: oil or gas heat, current receipt for oil or gas, city sewer and water or well and septic, smoke detectors and carbon monoxide detectors on the premises
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If you cannot attend the closing notify your attorney as soon as you are aware of this possibility
If you are the buyer:
-
Have your attorney review the purchase and sales agreement prior to signing to advise
you on details in the contract
-
Notify your realtor and your lender which attorney you will be using to assist with the
closing
-
Send your attorney the fully signed purchase and sales agreement as soon as it is
completed by all parties
-
Keep your attorney apprised of appraisal and inspection results so that your attorney may
assist you with this process. Remember, most contracts have time limits on when you
must initiate repair requests; get this information to your attorney as soon as possible
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Respond to all requests for information from both your lender and attorney as soon as
possible
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If you cannot attend the closing notify your lender and attorney as soon as you are aware
of this possibility; please note that your lender may require your presence at the closing.
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