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Fred Villanova

Phone: (415) 672-1776
fred@fredvillanova.com
DRE #01029059

Follow-Up During Escrow

DURING YOUR ESCROW WE, AS YOUR AGENTS, WILL DO THE FOLLOWING:

1. Verify that escrow has been opened and that the buyer's earnest money has been deposited.

2. Order the preliminary title report from the escrow company, examine it, and make sure that problems of title, if any, are disclosed and resolved.

3. Order the required Report of Residential Record (3-R) from the City of San Francisco and deliver to the buyer's agent.

4. Prepare all forms required, obtain necessary signatures and retain in escrow file.

5. Ensure that buyers and sellers receive copies of all documents pertinent to the transaction.

6. Ensure that all contingencies are met and removed within the time limit provided, or obtained necessary extensions to remain "in contract".

7. Keep the seller informed of the progress of the buyer's loan application.

8. Meet the appraiser at the property to answer any questions about the home or neighborhood and provide them with recent comparable sales in the area.

9. Verify that the buyer's deposit is increased as required by the contract.

10. Be present during all inspections and keep the seller informed of their findings.

11. Represent the seller in further negotiations that may result from inspections.

12. Attempt to have all closing papers drawn well before the close of escrow so that if any problems arise they can be resolved in a calm and timely fashion.

13. Coordinate closing and move-in dates so that it is convenient for both parties.

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