San Francisco, California
London, United Kingdom
Contract Acceptance to Closing
Best Practices in Contract Management
Contracts define the transaction details commitments and obligations among many parties, so managing a contract through its completion is critical.
Contract management involves reviewing, analyzing and implementing a strategic plan to ensure accurate tracking and the fulfillment of contractual obligations. No two contracts are the same. So, it’s with know-how, expertise, helpful techniques and due diligence ability to get the details right” that will exceed your client’s expectations.
From the time the contract is accepted you will want to be organized to identify the time sensitive performance requirements.
Congratulations! A seller has accepted the buyer’s offer. The real estate closing process can be very intimidating.
What to do between contract and closing! Once a contract has been signed, there are many steps that need to happen between the contract and closing for both listing and selling real estate practitioner and the seller and buyer.
Let’s discuss disclosures, contingencies, inspections, and the mortgage process, an overview of the new CFPB closing procedures; the buyer and seller’s responsibility. Keep in mind the contract has time sensitive performance requirements and the buyer’s earnest money is subject to forfeiture.
Let’s take a look at a pre-closing and a closing checklist for the seller and buyer.
3 Hour In-Class Course | Continuing Education | My CE Class, LLC #5914
Cathy McDaniel | www.classeswithcathymcdaniel.com
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Cathy McDaniel is the author of "A Road Map To Saving Your Home" which is available at the National Association of REALTORS bookshelf. Being in the real estate and mortgage industry since 1993 she opened "My CE Class, LLC" in 2007, a real estate school approved by the Georgia and South Carolina Real Estate Commission. Cathy has conducted over 1,000 live continuing education classes, authored 145 training manuals and has met and trained more than 90,000 real estate professionals throughout 23 states since 2007. She is licensed as a continuing education instructor at many real estate boards and associations across the country.
Cathy is recognized as an industry expert in homeownership and received the 2008 Educator of the Year from GREEA, Georgia Real Estate Educators Association. Today she serves as the Education Director for Georgia Realty School a division of Virtual Properties Realty, Qualifying Broker for Owners 1st Property Management Company, and has a partnership with HomeStar Financial Corporation, Halperin Lyman, LLC and DR Horton Communities and many others which allows her to offer free classes and community events.
Visit: www.classeswithcathymcdaniel.com for course descriptions, dates and locations.
To predict the future you must create it ...Cathy McDaniel
Cathy's Motto: "Autograph Your Work With Excellence!"