Your client's offer has been accepted! 🎉 Now it’s time to dive into the next steps. Here's exactly what happens from here: 1️⃣ Review the Contract: I'll double-check the contract for any missing signatures, initials, or errors. We’ll confirm all critical dates, such as option period deadlines, financing, and the closing date. No surprises later! 2️⃣ Sent Contract to Attorney: I’ll send the signed contract to the attorney and ensure they receive it. 3️⃣ Schedule Inspections: Time is ticking on the option period! I’ll help coordinate home inspections and track all deadlines so we don’t miss any opportunities to negotiate repairs or concessions. 4️⃣ Appraisal Coordination: I’ll work with the lender to make sure the appraisal is ordered quickly and provide them with everything they need. If the appraisal comes in low, we’ll have time to adjust the course. 5️⃣ Track Contingencies: From financing to the home inspection, I’ll keep everything moving by tracking and clearing all contingencies on time. You’ll always know exactly where we stand. 6️⃣ Prepare for Closing: I’ll coordinate with the title company and lender to ensure all final documents are prepped and ready for closing day. The moment everything is clear, I’ll get you the “Clear to Close” notice! 🗝️ Let me handle these critical details while you focus on guiding your clients to the finish line! 🏁 #SupportBuildElevate #OfferAccepted #NextSteps
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Your client's offer has been accepted! 🎉 Now it’s time to dive into the next steps. Here's exactly what happens from here: 1️⃣ Review the Contract: I'll double-check the contract for any missing signatures, initials, or errors. We’ll confirm all critical dates, such as option period deadlines, financing, and the closing date. No surprises later! 2️⃣ Open Escrow: I’ll send the signed contract to the title company and confirm that escrow is officially open. I’ll also ensure your clients have instructions for their earnest money deposit. 3️⃣ Schedule Inspections: Time is ticking on the option period! I’ll help coordinate home inspections and track all deadlines so we don’t miss any opportunities to negotiate repairs or concessions. 4️⃣ Appraisal Coordination: I’ll work with the lender to make sure the appraisal is ordered quickly and provide them with everything they need. If the appraisal comes in low, we’ll have time to adjust the course. 5️⃣ Track Contingencies: From financing to the home inspection, I’ll keep everything moving by tracking and clearing all contingencies on time. You’ll always know exactly where we stand. 6️⃣ Prepare for Closing: I’ll coordinate with the title company and lender to ensure all final documents are prepped and ready for closing day. The moment everything is clear, I’ll get you the “Clear to Close” notice! 🗝️ Let me handle these critical details while you focus on guiding your clients to the finish line! #ContractAccepted #RealEstateProcess #RealEstateAgentHelp #SmoothTransaction #TampaBayTC
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Create and share professional property reports. Export each property’s analysis, projections, comps and photos in one complete online or PDF report. Instantly share property reports with lenders, partners or clients. The Most Exciting Part Try DealCheck for Free Link here : https://cutt.ly/2w0pDecQ #PropertyAnalysis #InvestmentTools #DealCheck #RealEstateSoftware #PropertyValuation #ROI #CashFlow #RealEstateDeals
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As a homeowner, understanding the value of your property is crucial when considering a sale, refinancing, or other transactions. A real estate appraiser plays a vital role in determining the value of your property, but did you know that you can provide additional information to help them get a more accurate assessment? In this blog, we’ll explore the impact of providing additional information to the real estate appraiser and offer tips on what you can share to ensure a more accurate appraisal. Why Providing Additional Information Matters: A real estate appraiser’s primary goal is to determine the value of your property based on its condition, location, and market trends. By providing additional information, you can help them make a more informed decision, which can lead to a more accurate appraisal. What Can I Provide? There are several types of information you can provide to the real estate appraiser, including: READ MORE: https://lnkd.in/embykJus
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The closing process can feel a bit overwhelming, but knowing what to expect makes all the difference! For buyers, this means finalizing the loan, completing the last inspections, and preparing for the big move. Sellers, get ready for final paperwork, handing over keys, and wrapping up the last details. Both sides will go through a final walkthrough and sign all necessary documents to seal the deal. With a clear path and guidance, closing becomes a smooth and exciting step toward your goals! 👉 Have questions about closing? Let's walk through it together—reach out today! #ClosingProcess #RealEstateTips #HomeBuyingJourney #HomeSellingTips #SmoothClosing #NewHome #RealEstateGuide #BuyingAndSelling
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Don’t go into your closing unprepared! 🚫 Here are the biggest hang ups we see just before closing day. 😬 1) The final look at the home reveals some ugly discoveries. 🚫 2) Repairs originally agreed upon were not completed.🚫 3) The title company had the commission information or other important numbers wrong. This could be because these numbers were not communicated correctly. 🚫 4) The settlement statement also showed miscalculated numbers. 🚫 We can help with all of this! 1) We help schedule final walkthrough including requesting the showing. ✅ 2) We follow up for repair receipts and compare them to the reports on hand. ✅ 3) We make sure the title company has all necessary documents regarding the numbers. ✅ 4)We look over the settlement statement and bring any red flags to your attention. 🚩✅ If you are ready for a Seamless and streamlined process- reach out today! 📞 Seamless Transaction Coordinating 502.445.0200 team@seamlesstransactionllc.com #realestate #realtor #processes #contract #offeraccepted #closingday #realty #realestateagent #realestatelife #realestateadvice #realestategoals
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🏡 Struggling with real estate transactions? We've got you covered! Our latest blog post, "How to Overcome 6 Common Hurdles in Real Estate Transactions," breaks down the biggest challenges and how to tackle them like a pro. Whether you're dealing with financing issues, appraisal surprises, or inspection woes, we've got the tips you need to succeed. 👉 Tap the link to read more and conquer those hurdles with confidence: https://lnkd.in/dpYDsFPj #RealEstateTransactions #RealEstateChallenges #TransactionCoordinator
6 Common Real Estate Transaction Challenges | Be Happy TC
behappytc.com
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If you’re planning on buying a house, you should be familiar with the most crucial aspects related to the process itself, as well as the consequences of that process. We’ll take a quick look #firsthome #newhome #finance https://lnkd.in/g5pfMbf
The Vital Checklist for First Home Buyers | Emanate Finance
https://emanatefinance.com.au
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On the way to Sherlock-ing the best deals, let's get onto our next step of the process of due diligence which is to: 💰Analyze Financial Statements & Projections📊 This step involves a thorough examination of the property's financial performance, both historical and projected, to assess its potential return on investment. Here are some key aspects to consider when analyzing financial statements and projections: Income and Expense Statements👇 Review the property's income and expense statements for the past three to five years to understand its operating performance and cash flow. Rent Roll & Capital Expenditure Analysis👇 Evaluate the rent roll, which provides detailed information about each unit's rent, lease terms, and occupancy status. Assess the property's capital expenditure history and projected capital needs for renovations, upgrades, or major repairs. Debt Service Coverage Ratio (DSCR)👇 Calculate the DSCR, which measures the property's ability to cover its mortgage payments from its net operating income. Exit Strategy Analysis👇 Evaluate the potential exit strategies, such as selling or refinancing the property, and study the projected returns and cap rates based on the property's expected value at the time of exit. By thoroughly analyzing financial statements and projections, investors can gain insights into the property's historical performance, assess its current financial health, and evaluate its potential for generating desired returns. Will catch up with you tomorrow with the third step! #realestate #commercialrealestate #multifamilyinvesting
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OPINION 🤔 | Coming to terms with pricing is always an issue but the reality is if you are worried about a 1%-2% cost between one Lender and another, the deal is probably not worth pursuing. Opt to pay a slight premium to a trusted relationship lender. Why? The reliability and consistency they offer over time far outweigh the marginal difference in cost. In the world of deal-making, certainty is everything. If a deal falls through because the lender isn't consistent, it could mean losing much more than just 1%-2%....As real estate professionals, prioritizing reliability in partnerships is key. ⏩️Agree? Disagree? What else might you add? #realestateinvesting #privatelending #privatelender
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I created a free real estate underwriting calculator that helps you do basic deal analysis in three minutes. Download Here: https://lnkd.in/gDVm9fAD (www. underwriting calculator .com) --- There is no need to take an hour underwriting a deal on one of those huge calculators when all you need to do is plug in the basic numbers and run scenarios. Get your free calculator to use whenever you like to help you quickly underwrite deals and analyze scenarios across a five-year projections. Chris and his team have used this exact calculator to underwrite countless deals and submit sometimes over twenty offers in one day. This calculator works well also on mobile devices so you can analyze deals while on the go. Chris and his team offer training and help underwriting your own deals so reach out today and we'd be happy to help. Here are some instructions: https://lnkd.in/gK959Pge #realestateinvesting #realestate #commercialrealestate #investing #accreditedinvestor #selfstorage #community #financialfreedom #selfstorageinvesting #storage #cre #commercialrealestate
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