Escrow File Checklist

Here is a checklist of items that will need to be in your escrow file before the closing of your real estate transaction. 

​

​

• Provide a copy of the fully executed contract

  • Are there any addendums?​

• Provide complete agent and broker information including address and licensing information

• Contact information for buyers and sellers

• Address of the property

• Purchase price

• Loan amount (always communicate any changes in the loan amount)

• Close of escrow (always communicate any changes in the close of escrow date)

• Confirm buyers name and marital status, and or entity that is taking title

  • How will the buyer take title to the property​

• Confirm that the buyer and seller have proper ID and names on the contract match the names on the ID

• Commission demand statements from listing and selling brokers

• Who is paying the (county/city) transfer tax?

• Who is paying for the NHD report? Submit a copy of the invoice

• Who is paying for the home warranty? Submit a copy of the invoice

• Are there any seller credits (closing costs/repairs)?

  • Provide a list items paid outside of closing (appraisal, inspections​, credit reports)

• Will there be a rent back?

• Provide terms of the rent back to escrow

• Provide the contact information for the buyers fire/hazard insurance

• Provide other terms depending on the location:

  • Sewer lateral, gas shut off, forms required by the city/county, ​repairs, inspections, etc.

• Is there an HOA? If so, who will. provide document and transfer fees? Special HOA assessments fees?

• Does this home qualify as the seller's primary residence?

• Will the buyer or seller need a mobile notary service?

• Solar panel system? Inform escrow officer if it's leased or owned