12 STEPS TO THE CLOSING TABLE AND THE BIG CHECK KATHY KENNEBROOK
1. Make sure you get a big enough deposit from
3. Follow up with the loan processor to make sure
your buyer so they have some real dollars invested
the appraisal has been ordered and that the other parts
in the deal. Even if they are going for one hundred
of the closing are moving along. Many times your title
percent financing I still get as much as I can in order
agent or your Realtor or your sales person will do this for
to secure the deal better. If your buyer puts down a
you, after all they want to get paid too. Make sure they
larger deposit they are usually more committed to
have everything they need from the buyer regarding
going through with the closing, so this is a
loan documentation.
requirement for me. I won’t even consider a deposit
less than $1,000.00, but I always try for as much as I
4. Follow up and make sure that title work has also
can get. The higher dollar the property is, the more
been started. You want to make sure that everything
deposit I require.
is done in a timely matter so that there are no hol