Property Purchase Master Checklist

Property Address: _____________________________________________

Listing Agent: _____________________________________________
Financing Agent: _____________________________________________
Utility Companies
Water: _____________________________________________
Electricity: _____________________________________________
Gas: _____________________________________________
ther: _____________________________________________
!nspector: _____________________________________________
Appraiser: _____________________________________________
!nsurance Agent: _____________________________________________
"ocuments Attached #as a$aila%le&:
Purchase and Sale Agreement & Addendums
MLS Listing Report
CMA Report (Other Comps)
Tax Report
Inspection Report
Termite Letter
Scope o !or"
Materials List
Reha# $udget
%&'()
Insurance $inder
Signed Independent Contractor Agreements
Contractor !(*s
Upon Contract Acceptance
Install Loc"#ox on Propert+
,et -e. Loc"#ox
,et Cop+ o /e+
Place -e. /e+ in Loc"#ox on ,as Meter (or someplace inconspicuous)
I Certi0ed 1unds are Re2uired or 3M4
,et Certi0ed 1unds or 3M rom $an"
Su#mit Certi0ed 1unds to Agent
I 1inancing4
Pro5ide Loan O6cer Inormation A#out Propert+
Pro5ide Loan O6cer 1inal Contract
Connect Loan O6cer .ith Closing Attorne+ (3mail or Phone)
%a5e Loan O6cer Schedule Appraisal
Ma"e sure Loan O6cer /no.s Anticipated Closing 'ate
Turn On &tilities or Inspection (ma+ ha5e to .or" .ith agent7seller)
!ater
3lectricit+
,as
Other
Schedule Termite Inspection (i necessar+)
Schedule Propert+ Inspection (i necessar+)
,et 1inal Inspection Report and Re5ie. or 8Scope o !or"9
,et Termite Letter7Pest Inspection Report: I Applica#le
Create Scope o !or"
Create Materials List
,et Contractor $ids
Perorm 1inal 1inancial Anal+sis or Rental7Resale &sing 3stimates7;uotes
Ma"e ,o7-o(,o 'ecision on Inspection Contingenc+
Upon Contingency Finali'ation
,et Closing 'ate rom Lender7Agent
Arrange Landlord Insurance Polic+
Call Insurance Agent
I 1inancing: Connect Insurance Agent .ith Loan O6cer
1ollo.(&p on Appraisal .ith Loan O6cer
Choose ,C or Su#(Contractors
Create Reha# Schedule (i multiple Su#s7,C)
(e)ore Closing
O#tain and Re5ie. %&'()
I 1inancing
O#tain and Re5ie. ,13
3nsure Loan is Read+ or Closing
,et Certi0ed 1unds or Closing
'etermine -ame7Compan+ to %old Title
,et Partnership Agreement 'ocuments Signed (i partnering)
Create 1inal $udget
Upon Closing
,et /e+s
Change Propert+ Tax Records to O.ner Address
,et ,C and Su# Contracts Signed
!(*
Independent Contractor Agreement
Scope o !or"
Materials List
Insurance & Indemni0cation Agreement
Arrange ,C and Su# Start 'ates