These are the checklists related to Week 61.
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- Review my "Future Narrative"
Review my own "Future Narrative" to remind myself about my why, my how and what obstacles I am committed to overcoming.
Do this at a minimum once a month.
Mark this task as complete once you've reviewed your "Future Narrative" this month.
ASAPFuture NarrativeGoalsUltimate Nomad ChecklistWeek 1Week 10Week 11Week 12Week 13Week 14Week 15Week 16Week 17Week 18Week 19Week 2Week 20Week 21Week 22Week 23Week 24Week 25Week 26Week 27Week 28Week 29Week 3Week 30Week 31Week 32Week 33Week 34Week 35Week 36Week 37Week 38Week 39Week 4Week 40Week 41Week 42Week 43Week 44Week 45Week 46Week 47Week 48Week 49Week 5Week 50Week 51Week 52Week 53Week 54Week 55Week 56Week 57Week 58Week 59Week 6Week 60Week 61Week 62Week 63Week 64Week 7Week 8Week 9
- Determine your Insurance Agent
Decide which Insurance Agent you will use to insure your home purchase. You'll need this once you go under contract, but you'll want to do it earlier so you can get an estimate of insurance for analyzing deals.
You can ask your Real Estate Broker for recommendations.
Mark this task complete once you've decided on an Insurance Agent to use.
Analyzing DealsDream TeamDream Team - Pre-ClosingFirst Meeting: Analyze DealUltimate Nomad ChecklistWeek 2Week 61Week 9
- Review Title Work
You should receive a copy of the Title Work from the Title Company shortly after going under contract with the help of the Real Estate Brokers involved in the transaction.
Review Title Work and highlight any sections you have questions about. Write down your questions.
IMPORTANT NOTE: Real Estate Brokers do not receive training on how to interpret Title Work so while they may be able to answer very basic questions, they are not competent to answer questions about the Title Work itself. For that, you will rely on getting info from the Title Company that is providing the Title Insurance and/or by hiring your own Title Attorney who is educated on Title Work.
You may want to meet with your Title Attorney and/or Title Company to ask questions about it.
If there is something in the Title Work that is unacceptable to you, let your Real Estate Broker know as soon as possible and definitely before the Record Title Objection Deadline.
Mark this task done once you've reviewed your Title Work.
Contract Deadline: Record Title Objection DeadlinePaperworkUltimate Nomad ChecklistWeek 61Week 9
- Ask Title Insurance Company questions about Title Work
If you have questions about your Title Work, you should first contact the Title Insurance Company that will be providing you (selling you) a Title Insurance Policy.
If after talking to your Title Insurance Company, you still have questions, please talk to your Title Attorney.
Mark this task done once you've reviewed your Title Work.
Contract Deadline: Record Title Objection DeadlinePaperworkUltimate Nomad ChecklistWeek 61Week 9
- Ask Title Attorney questions about Title Work
If you have questions about your Title Work, you should first contact the Title Insurance Company that will be providing you (selling you) a Title Insurance Policy.
If after talking to your Title Insurance Company, you still have questions, please talk to your Title Attorney.
Mark this task done once you've reviewed your Title Work.
Contract Deadline: Record Title Objection DeadlinePaperworkUltimate Nomad ChecklistWeek 61Week 9
- Review off-record title related documents
You should receive a copy of any off-record title materials shortly after going under contract with the help of the Real Estate Brokers involved in the transaction from the Seller. That's if any exist.
Off-record title materials like lease-option agreements, option agreements and unrecorded easements are relatively uncommon.
Review off-record title documents and highlight any sections you have questions about. Write down your questions.
IMPORTANT NOTE: Real Estate Brokers do not receive training on off-record title documents so while they may be able to answer very basic questions, they are not competent to answer questions about the off-record title matters. For that, you will rely on hiring your own Attorney who is educated on these matters.
If there is something in the off-record title documents that is unacceptable to you, let your Real Estate Broker know as soon as possible and definitely before the Off-Record Title Objection Deadline.
Mark this task done once you've reviewed your off-record title documents.
Contract Deadline: Off-Record Title Objection DeadlinePaperworkUltimate Nomad ChecklistWeek 61Week 9
- Ask Attorney questions about off-record title matters
If you have questions about off-record title matters, you should talk to your Attorney to get your questions answered.
Mark this task done when complete.
Contract Deadline: Off-Record Title Objection DeadlinePaperworkUltimate Nomad ChecklistWeek 61Week 9
- REAL ESTATE BROKER: Provide you a list of Home Inspectors
Your Real Estate Broker should provide you with a list of Home Inspectors. You can use whoever you wish including Home Inspectors not on the recommended list.
ASAPContract Deadline: Inspection Objection DeadlineDream TeamDream Team - Pre-ClosingInspectionUltimate Nomad ChecklistWeek 61Week 9
- Determine your Home Inspector
Determine who you will use to inspect your new property when you go under contract.
Ask your Real Estate Broker for a recommendation.
Mark this task complete when you've decided which Home Inspector you'll use when you go under contract.
ASAPContract Deadline: Inspection Objection DeadlineDream TeamDream Team - Pre-ClosingInspectionUltimate Nomad ChecklistWeek 61Week 9
- Decide whether to do a Radon Test or not
After you go under contract decide whether you will do a Radon Test as part of your inspection on the property.
Mark this task complete when you decide.
Contract Deadline: Inspection Objection DeadlineInspectionUltimate Nomad ChecklistWeek 61Week 9
- Determine your Radon Testing Company
Determine who you will use to test for radon once you have a property under contract. Often this is the same person you selected as your Home Inspector.
Ask your Real Estate Broker or Home Inspector for a recommendation.
Mark this task complete once you've decided which Radon Testing Company you'll use.
Contract Deadline: Inspection Objection DeadlineDream TeamDream Team - Pre-ClosingInspectionOptionalUltimate Nomad ChecklistWeek 61Week 9
- Hire Radon Test Company to perform Radon Test
If you've decided to have a Radon Test performed, hire Radon Test Company to do Radon Test ideally during the same time your Home Inspector will be there inspecting the property. It may even be the Home Inspector doing the Radon Test.
Mark this complete after you receive the results of your Radon Test if you decide to perform a Radon Test.
Contract Deadline: Inspection Objection DeadlineInspectionUltimate Nomad ChecklistWeek 61Week 9
- Decide whether to do a Sewer Scope or not
After you go under contract decide whether you will do a Sewer Scope as part of your inspection on the property.
Mark this task complete when you decide.
Contract Deadline: Inspection Objection DeadlineInspectionUltimate Nomad ChecklistWeek 61Week 9
- Determine your Sewer Scope Company
Decide which Sewer Scope Company you will use to do a Sewer Scope on the property.
You can ask your Real Estate Broker for recommendations.
Mark this task complete once you've decided on a Sewer Scope Company to use.
Contract Deadline: Inspection Objection DeadlineDream TeamDream Team - Pre-ClosingInspectionUltimate Nomad ChecklistWeek 61Week 9
- Hire Sewer Scope Company to perform Sewer Scope
If you've decided to have a Sewer Scope performed, hire Sewer Scope Company to do Sewer Scope ideally during the same time your Home Inspector will be there inspecting the property.
If you have any problems, I strongly recommend paying the extra fee to get the video of the problem to provide as evidence with any Inspection Objection.
Mark this complete after your Home Inspection if you decide to perform a Sewer Scope.
Contract Deadline: Inspection Objection DeadlineInspectionUltimate Nomad ChecklistWeek 61Week 9
- Decide whether to do a Meth Test or not
After you go under contract decide whether you will do a Methamphetamine Test as part of your inspection on the property.
Mark this task complete when you decide.
Contract Deadline: Inspection Objection DeadlineInspectionUltimate Nomad ChecklistWeek 61Week 9
- Determine your Meth Test Company
Decide which Meth Test Company you will use to do a Meth Test on the property.
You can ask your Real Estate Broker for recommendations.
Mark this task complete once you've decided on a Meth Test Company to use.
Contract Deadline: Inspection Objection DeadlineDream TeamDream Team - Pre-ClosingInspectionUltimate Nomad ChecklistWeek 61Week 9
- Hire Meth Test Company to perform Meth Test
If you've decided to have a Meth Test performed, hire Meth Test Company to do Meth Test ideally during the same time your Home Inspector will be there inspecting the property.
Mark this complete after your Home Inspection if you decide to perform a Meth Test.
Contract Deadline: Inspection Objection DeadlineInspectionUltimate Nomad ChecklistWeek 61Week 9
- Bring CLUE Report to Home Inspection
Bring a copy of the CLUE Report from your Insurance Agent to the Home Inspection so you can use it to look closer at any items you have questions about with your Home Inspector during the inspection.
Mark this task complete once you finished the Home Inspection.
Contract Deadline: Inspection Objection DeadlineInspectionUltimate Nomad ChecklistWeek 61Week 9
- Bring "Seller's Property Disclosure" to Home Inspection
Bring a copy of the "Seller's Property Disclosure" to Home Inspection so you can use it to look closer at any items you have questions about with your Home Inspector during the inspection.
Mark this task complete once you finished the Home Inspection.
Contract Deadline: Inspection Objection DeadlineInspectionSellers Property DisclosureUltimate Nomad ChecklistWeek 61Week 9
- REAL ESATE BROKER: Provide list of recommend Insurance Agents
Your Real Estate Broker can provide you with a list of recommended Insurance Agents. You're welcome to choose any Insurance Agent you want whether they are on the list or not.
Mark this complete when done.
Analyzing DealsContract Deadline: Property Insurance Objection DeadlineDream TeamDream Team - Pre-ClosingFirst Meeting: Analyze DealUltimate Nomad ChecklistWeek 2Week 61Week 9
- If you haven't already, determine your Insurance Agent
If you have already done so, decide which Insurance Agent you will use to insure your home purchase. You'll need this once you go under contract, but you'll want to do it earlier so you can get an estimate of insurance for analyzing deals.
You can ask your Real Estate Broker for recommendations.
Mark this task complete once you've decided on an Insurance Agent to use.
Analyzing DealsContract Deadline: Property Insurance Objection DeadlineDream TeamDream Team - Pre-ClosingFirst Meeting: Analyze DealUltimate Nomad ChecklistWeek 2Week 61Week 9
- Class Watch "Closing Real Estate Deals" Recording of Live Class
Watch the recording of the live presentation of "Closing Real Estate Deals" available on:
https://RealEstateFinancialPlanner.com/closing-real-estate-deals/
ClassesClosingGet Your First Deal DoneNomad BasicsUltimate Nomad ChecklistWeek 61Week 9
- Give Tenant/Tenant-Buyer a copy of signed "Lease"
Once your Tenant/Tenant-Buyer has signed the "Lease" give them a copy.
LeaseLease Signing and Lease ReviewLease-OptionTenant ScreeningTenant-BuyersTenantsUltimate Nomad ChecklistWeek 61
- IF TENANT-BUYER: Give Tenant-Buyer a copy of signed "Option"
If you're doing a Lease-Option, once your Tenant-Buyer has signed the "Option" give them a copy.
LeaseLease Signing and Lease ReviewLease-OptionTenant ScreeningTenant-BuyersTenantsUltimate Nomad ChecklistWeek 61
- IF ROOMMATE: Review their liability and renter's insurance policy
If you're getting a roommate (renting out part of the home you're living in), remember to review their liability and renter's insurance policy.
Your homeowner's policy covers YOUR STUFF and the house, but your roommates each need their own insurance policy to protect THEIR STUFF and liability if they do something and are liable.
Insist they get and provide a copy of the policy to you. It is usually very inexpensive to get.
Lease Signing and Lease ReviewTenant-BuyersTenantsUltimate Nomad ChecklistWeek 61
