Co-Op Closing Checklist
Co-Op Closing Checklist
General Items
- Communicate with your real estate agent throughout the process
- Keep a record of all documents related to the transaction
Pre-Closing Preparation
- Confirm closing date and time
- Review co-op documents
- Schedule final walkthrough of the property
- Secure financing and final loan approval
- Obtain homeowner’s insurance
- Prepare necessary closing funds (certified check, wire transfer)
- Review closing costs and settlement statement
- Prepare any required identification and documentation
Final Walkthrough
- Check for any repairs completed as agreed
- Ensure all appliances and fixtures are included
- Verify condition of the property
- Confirm that all personal belongings of the seller have been removed
Closing Day Tasks
- Arrive at the closing location on time
- Review and sign closing documents
- Ensure all parties are present (buyer, seller, agents, attorneys)
- Verify funds transfer and disbursement of payments
- Obtain keys, garage remotes, and any access codes
- Confirm registration of the deed
Post-Closing Actions
- Change locks on the property
- Update address with USPS and other services
- Set up utilities in your name
- File the deed and other documents with the appropriate office
- Review and understand co-op rules and regulations
Generated from Panda Checklist
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