Now that I'm under contract to buy a home, how will I remember all the dates and things to do?

Part of my job is to help          deadline man icon
keep everything on track.   I
will do what I can to make it
easier by providing an outline
of all the important
deadlines, dates and
details.  A straightforward
transaction might include:

·Deadline to Visit Lender and tender Loan Application
·Time window for Inspections
·Deadline to request remedy for things found during inspections
·Deadline for written agreement between both parties regarding inspection issues (if any)
·Last chance for Buyer to void contract if unable to agree on resolution of inspection findings
·When to line up Homeowner's Insurance
·When the Title Commitment is Due to You
·Time window to Request in Writing the remedy of any Title defects found
·Reminder to put Utilities in your name
· Date of Final Walk-through
·Closing and Possession

Person throwing leaves 

 I wish I could do more but the truth is that you will be the one that has to fill out endless paperwork and provide umpteen years of your financial history.  You'll get to decide who you want to work with regarding lending, inspections, insurance, etc.  It can be a daunting process but I will do whatever I can to make it all easier. In the end it will all be well worth the effort when you have your very own place to call  HOME. 

*This information is intended only to provide further clarification of real estate issues in Laramie, Wyoming. I am not an attorney.  This article is not endorsed, approved or affiliated with Century 21 Real Estate Center, Inc.  Any consumer with questions about the real estate process should always consult an attorney of their own.

Laramie panoramic

 
This post has been included in Wyoming Real Estate News Albany County, WY Real Estate News Laramie, WY Real Estate News
Post is included in group: Advice for Buyers
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6 Comments on Laramie, Wyoming Real Estate: Contract Deadlines for Buyers

FEB
12
2011
229,764 Points 1 Featured Post Called Shot Master

I put together a Contract Timeline for every contract as well. Mine only has the list of contractual requirements to fulfill...I like your adding things like "put utilities in your name".
11:26am • #1
FEB
13
2011
2 Featured Posts Outside Blog Attended Rain Camp

Hi Brenda - A time line for everyone involved is a good idea.  I have to admit before I was in the business I had no idea of what was going on when buying a house because no one would tell me anything.  I remember how that felt and I will not do that to my clients.  Great blog, thanks.
5:26pm • #2
167,145 Points 4 Featured Posts Outside Blog

Tim and Steve - It can be a little overwhelming and since I can't do the "heavy lifting" for a client, I feel like a timeline is the least I can do.
6:34pm • #3
FEB
14
2011
420,836 Points 4 Featured Posts Outside Blog

Great post Brenda - Deadlines are very important - we go over the same with our buyers as well.

sincerely,

grace
10:20am • #4
FEB
16
2011
469,049 Points 18 Featured Posts Localism Sponsor Hit Router Attended Rain Camp Called Shot Master

Brenda---I put deadlines into my phone so that I do not miss them.  I think I may start recommending that my clients do the same.  If I give it to them on paper they misplace it or forget they have it.  Great post on what to expect!
7:55pm • #5
167,145 Points 4 Featured Posts Outside Blog

Pat - That's an awesome idea, especially since most people are never without their phones.  I'm glad you mentioned it!
9:53pm • #6


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Brenda Whitman, Associate Broker, Laramie, Wyoming

Laramie, WY

More about me…

CENTURY 21 Real Estate Center, Inc., Laramie, Wyoming

Address: 2900 Grand Avenue, Laramie, WY, 82070

Office Phone: (307) 742-2289

Cell Phone: (307) 399-5477

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