This is the Ultimate Nomad Checklist™. Select which week you'd like to see the tasks for.
Week 12
Week 12 you're under Contract and preparing for Closing.
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
So, take a moment to schedule out on your calendar when you'll actually do the tasks for this week on your calendar. Make an appointment with yourself to do them. If you need to reschedule one, reschedule it (don't delete it).
ASAPFirst Meeting: Your Real Estate GoalsUltimate 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 6Week 7Week 8Week 9
Common choices include: severalty (for one person or entity), joint tenants or tenants in common.
You'll need this to make an offer.
Mark this task complete once you know how you'll take Title to the Property.
ASAPUltimate Nomad ChecklistWeek 12Week 4Writing Offer: Info Required
- Offer price
- Earnest Money amount (default to what Seller is asking in the MLS)
- Who will pay the Closing Services Fee (usually around $300 to $400 depending on the Title Insurance Company)
- If you're negotiating/insisting on choosing Title Insurance Company, then which Title Insurance Company you want to use.
- Who pays for Appraisal (it is customary for Buyer to pay)
- Who pays for Owner's Title Insurance Policy (it is customary for Seller to pay)
- What Loan type or types are you considering using to finance the purchase?
- How much Down Payment are you going to put down?
- Any Additional Provisions you want added? Common ones might include: additional disclosures for Fort Collins (which we typically add for you by default), limited appraisal language, light or limited inspection language and asking for personal property (which may complicate your ability to get a Loan to cover those).
- How much are you asking for in Seller Concessions?
- Is there a property you must sell before you can buy this?
- Are you offering the Seller a "Post-Closing Occupancy Agreement" to allow them to stay in the property beyond Closing?
- What due diligence documents are you requesting?
- What is your travel/work schedule like? Will it impact inspection? Will it impact Closing?
Mark this task complete once you've emailed your Real Estate Broker the information they need above to write your offer.
ASAPUltimate Nomad ChecklistWeek 12Week 4Writing Offer: Info Required
- Does it include Air Conditioning?
- Does it include window blinds for the entire property? Some builder don't include any. Some include just a few windows.
- Does it include backyard landscaping?
- Does it include a fence?
- Does it include all appliances? Refrigerator? Dishwasher? Stove? Microwave? Clothes washer? Clothes dryer?
- Does it include garage door opener?
ASAPNew ConstructionUltimate Nomad ChecklistWeek 12Week 4Writing Offer: Info Required
- Does it face north? North facing lots often have icy front steps.
- Does it get sunlight in the rooms you desire at the times of day you desire? This varies by person, so consider it for yourself.
- Do you want a corner lot? Some people prefer not having another neighbor. Some people prefer not having to shovel two long sidewalks and having people walking on the side of their homes.
- Is there a lot by open space or other desirable feature?
- Is the lot by a busy street?
- Is the lot on a street that most people will need to drive by to access the neighborhood?
ASAPNew ConstructionUltimate Nomad ChecklistWeek 12Week 4Writing Offer: Info Required
https://RealEstateFinancialPlanner.com/loan-objection-deadline/
Contract Deadline: Loan Objection DeadlineContract To Close: Loan and CreditFinancingUltimate Nomad ChecklistWeek 10Week 11Week 12Week 13
https://RealEstateFinancialPlanner.com/buyers-credit-information-deadline/
Contract Deadline: Buyer's Credit Information DeadlineContract To Close: Loan and CreditFinancingUltimate Nomad ChecklistWeek 10Week 11Week 12Week 13
Contract Deadline: Buyer's Credit Information DeadlineContract To Close: Loan and CreditFinancingOwner FinancingUltimate Nomad ChecklistWeek 10Week 11Week 12Week 13
https://RealEstateFinancialPlanner.com/disapproval-of-buyers-credit-information-deadline/
Contract Deadline: Disapproval of Buyer's Credit Information DeadlineContract To Close: Loan and CreditFinancingUltimate Nomad ChecklistWeek 10Week 11Week 12Week 13
Contract Deadline: Disapproval of Buyer's Credit Information DeadlineContract To Close: Loan and CreditFinancingOwner FinancingUltimate Nomad ChecklistWeek 10Week 11Week 12Week 13
https://RealEstateFinancialPlanner.com/existing-loan-documents-deadline/
Contract Deadline: Existing Loan Documents DeadlineContract To Close: Loan and CreditFinancingUltimate Nomad ChecklistWeek 10Week 11Week 12Week 13
Contract Deadline: Existing Loan Documents DeadlineContract To Close: Loan and CreditFinancingOwner FinancingUltimate Nomad ChecklistWeek 10Week 11Week 12Week 13
https://RealEstateFinancialPlanner.com/existing-loan-documents-objection-deadline/
Contract Deadline: Existing Loan Documents Objection DeadlineContract To Close: Loan and CreditFinancingUltimate Nomad ChecklistWeek 10Week 11Week 12Week 13
Contract Deadline: Existing Loan Documents Objection DeadlineContract To Close: Loan and CreditFinancingOwner FinancingUltimate Nomad ChecklistWeek 10Week 11Week 12Week 13
https://RealEstateFinancialPlanner.com/loan-transfer-approval-deadline/
Contract Deadline: Loan Transfer Approval DeadlineContract To Close: Loan and CreditFinancingUltimate Nomad ChecklistWeek 10Week 11Week 12Week 13
Contract Deadline: Loan Transfer Approval DeadlineContract To Close: Loan and CreditFinancingOwner FinancingUltimate Nomad ChecklistWeek 10Week 11Week 12Week 13
https://RealEstateFinancialPlanner.com/seller-or-private-financing-deadline/
Contract Deadline: Seller or Private Financing DeadlineContract To Close: Loan and CreditFinancingUltimate Nomad ChecklistWeek 10Week 11Week 12Week 13
Contract Deadline: Seller or Private Financing DeadlineContract To Close: Loan and CreditFinancingOwner FinancingUltimate Nomad ChecklistWeek 10Week 11Week 12Week 13
IMPORTANT NOTE: If you are wiring money to the Title Insurance Company for Closing you should always get wiring instructions straight from them by calling them. Do NOT rely on emailed wiring instructions without verifying them by calling the Title Insurance Company or in person.
Closing: Prepare For ClosingContract Deadline: Closing DateDown PaymentUltimate Nomad ChecklistWeek 12
Then, at Closing, you can quickly compare them to the ones you've read to make sure they're the same ones and sign them.
Only about 1 in 50 clients do this so it is relatively uncommon.
Closing: Prepare For ClosingContract Deadline: Closing DateDown PaymentUltimate Nomad ChecklistWeek 12
Great Lenders will do this for their clients as well. Some don't.
Closing: Prepare For ClosingContract Deadline: Closing DateDown PaymentUltimate Nomad ChecklistWeek 12
Closing: Prepare For ClosingContract Deadline: Closing DateDown PaymentUltimate Nomad ChecklistWeek 12
Closing: Prepare For ClosingContract Deadline: Closing DateDown PaymentUltimate Nomad ChecklistWeek 12
Your Real Estate Broker will not know the terms and agreed to expenses of your loan so you'll want to review those numbers with your Lender.
Closing: Prepare For ClosingContract Deadline: Closing DateDown PaymentUltimate Nomad ChecklistWeek 12
This is usually done a few days prior to Closing in an ideal world with a great Lender. Often, it happens the day before or even the day of Closing. Some less-than-great Lenders never do it unless you insist they go over it with you.
Closing: Prepare For ClosingContract Deadline: Closing DateDown PaymentUltimate Nomad ChecklistWeek 12
Closing: Prepare For ClosingContract Deadline: Closing DateDown PaymentUltimate Nomad ChecklistWeek 12
Closing: Prepare For ClosingContract Deadline: Closing DateUltimate Nomad ChecklistWeek 12
Closing: Prepare For ClosingContract Deadline: Closing DateUltimate Nomad ChecklistWeek 12
We like to schedule this just prior to Closing so about 30 minutes or an hour before Closing depending on how far the property is from the location for Closing.
You'll usually meet your Real Estate Broker at the property for this final walkthrough prior to Closing then head directly over to Closing after.
Closing: Prepare For ClosingContract Deadline: Closing DateUltimate Nomad ChecklistWeek 12
Buying Process OverviewClosingDuring ChecklistsUltimate Nomad ChecklistWeek 12
ClosingClosing: Prepare For ClosingUltimate Nomad ChecklistWeek 12
We recommend that you have photos taken right after you close before you move in in almost all cases. You will use these photos when you're marketing the property to rent.
Ask your Real Estate Broker for a recommendation.
Mark this task as complete once you've decided which Photographer you will use to take photographs of the property after you close.
Dream TeamDream Team - Post-ClosingDream Team - Pre-ClosingMarketingUltimate Nomad ChecklistWeek 12Week 64