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AtHomeCharlotte                TakeMeOutToTheBallgame!                 GotAlottaCharlotte            MVP 
                                                                  Charlotte Real Estate Information                                         "It's A Whole New Ballgame"
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Buyer Credit.
Credit
For Sale
1st   
Disclosure
5th 
Broker
Internet
6th 
Market
Offer/DDP
7th 
Negotiations
Appraisal
8th 
Appraisal
Closing
9th 
Closing
Planning
2nd 
Loans
Clearing
3rd 
Planning
Appeal
4th 
Knowns
Buyer
 Innings
Seller
Credit
For Sale
1st   
Disclosure
5th 
Broker
Internet
6th 
Market
Offer/DDP
7th 
Negotiations
Appraisal
8th 
Appraisal
Closing
9th 
Closing
Planning
2nd 
Loans
Clearing
3rd 
Planning
Appeal
4th 
Knowns
Buyer
 Innings
Seller
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Buyer
 Innings
Seller

Seller-Ninth Inning - Closing


Pitch 1 - Walk Through

The importance of being out. As the seller it is best for you to be completely out of the house. That way the buyer and their agent can walk through the house making sure everything is in good shape. If you cannot be out, there is a form you should sign. You may also be responsible for a per diem for the time you are in after the closing. A good rule is...be gone.

 

Pitch 2 - Closing 

The signing of documents and the disbursal of funds after the deed has been recorded. In North Carolina, closings take place in an attorney's office. Usually but not always, everything has been worked out before everyone gathers at the closing table.
For the lawyer's responsibilities, go to the Real Estate Pros.

 

Pitch 3 - Disbursement of funds. 

Checks will be disbursed after the deed is recorded. Good to remember if you are planning back to back closings. Remember planning ahead allows for you to make the first closing, the deed to be recorded, double-back to pick up check and on to the next closing.

Coach's Tips






Pinch Hitters

​The Surprise
The buyers do a walk through and decide they don’t like the carpet. This may be a phantom issue and is best left to agents to work out.
Always be prepared to walk away from any transaction. Quite often a willingness to walk sheds real daylight on the situation.

The Job
The seller looses their job closing week and can’t qualify for a new loan without employment.
Do they have to go through with the closing?
Yes.

The Qualifier
The buyer looses their job closing week and can’t qualify without employment. There are many mortgage products in the marketplace and this is the time to do serious research. Sometimes loans can be made depending on credit history and down payment funds.
Angel Advocate 1
At walk through, the buyers ask for extra things like bird-feeders, fountains and the hammock. Do the sellers have to agree to leave them?
Angel Answer:

 If they are not a part of the original contract, no.
Angel Advocate 2
We had repairs done and provided receipts to buyers. They still want to do a re-inspect. Is this acceptable?
Angel Answer:
It’s a good practice.
Angel Advocate 3
We as sellers asked to stay an extra week and agreed to pay buyers per diem. When should we pay “rent”?
Angel Answer:
Usually at the closing table.
Learn More from your Angel Advocate
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