Seller’s Property Disclosure

During: Buying Process Overview: Contract to Close: Seller’s Property Disclosure

Contract to Close

The following is a visual representation of the Seller’s Property Disclosure process when buying homes as a Nomad. It is part of the Contact to Close process that you’d use once you are under contract to buy a property.

contract-to-close-sellers-property-disclosure

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Watch the recording of the live presentation of "Contract to Close" available on:

https://learntoberich.com/contract-to-close/

Mark this task as complete once you've watched it.

ClassesContract To CloseUltimate Nomad ChecklistWeek 60Week 8

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Complete "Contract To Close: General" checklist:

https://learntoberich.com/general/

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Contract To CloseContract To Close: GeneralUltimate Nomad ChecklistWeek 13

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Complete the "Contract To Close: Title" checklist:

https://learntoberich.com/title/

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Contract To CloseContract To Close: TitleUltimate Nomad ChecklistWeek 13

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Complete the "Contract To Close: Owner’s Association" checklist:

https://learntoberich.com/owners-association/

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Contract To CloseContract To Close: Owner's AssociationUltimate Nomad ChecklistWeek 13

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Complete the "Contract To Close: Seller's Property Disclosure" checklist:

https://learntoberich.com/sellers-property-disclosure/

Since the "Seller's Property Disclosure" is often provided even before we write the offer, it is not uncommon that we use "Completed" for the date of this deadline. However, if we have not received the "Seller's Property Disclosure" prior to writing the offer, we often use "MEC + 3 Days" so that you can ideally get a copy of the "Seller's Property Disclosure" prior to your inspection.

This is especially important since there is not an objection for the "Seller's Property Disclosure"; you'd need to object based on your inspection if you found something at the property that you learned about via the "Seller's Property Disclosure".

Mark this task as complete when done.

Contract Deadline: Seller's Property Disclosure DeadlineContract To CloseContract To Close: Seller's Property DisclosureSellers Property DisclosureUltimate Nomad ChecklistWeek 13

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Complete the "Contract To Close: Loan and Credit" checklist:

https://learntoberich.com/loan-and-credit/

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Contract To CloseContract To Close: Loan and CreditFinancingUltimate Nomad ChecklistWeek 13

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Complete the "Contract To Close: Appraisal" checklist:

https://learntoberich.com/appraisal/

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Contract To CloseContract To Close: AppraisalUltimate Nomad ChecklistWeek 13

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Complete the "Contract To Close: Survey" checklist:

https://learntoberich.com/survey/

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Contract To CloseContract To Close: SurveyUltimate Nomad ChecklistWeek 13

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Complete the "Contract To Close: Inspection and Due Diligence" checklist:

https://learntoberich.com/inspection-and-due-diligence/

Mark this task as complete when done.

Contract To CloseContract To Close: Inspection and Due DiligenceUltimate Nomad ChecklistWeek 13

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Complete the "Contract To Close: Closing and Possession" checklist:

https://learntoberich.com/closing-and-possession/

Mark this task as complete when done.

Contract To CloseContract To Close: Closing and PossessionUltimate Nomad ChecklistWeek 13

Contract to Close:
Seller’s Property Disclosure

And, here is the visual representation of the Seller’s Property Disclosure process.

sellers-property-disclosure-nothing-selected

Let’s look at each step in more detail.

Seller’s Property Disclosure

sellers-property-disclosure-sellers-property-disclosure

The Seller’s Property Disclosure is the deadline for having the Seller’s Property Disclosure delivered.


Complete the "Contract To Close: Seller's Property Disclosure" checklist:

https://learntoberich.com/sellers-property-disclosure/

Since the "Seller's Property Disclosure" is often provided even before we write the offer, it is not uncommon that we use "Completed" for the date of this deadline. However, if we have not received the "Seller's Property Disclosure" prior to writing the offer, we often use "MEC + 3 Days" so that you can ideally get a copy of the "Seller's Property Disclosure" prior to your inspection.

This is especially important since there is not an objection for the "Seller's Property Disclosure"; you'd need to object based on your inspection if you found something at the property that you learned about via the "Seller's Property Disclosure".

Mark this task as complete when done.

Contract Deadline: Seller's Property Disclosure DeadlineContract To CloseContract To Close: Seller's Property DisclosureSellers Property DisclosureUltimate Nomad ChecklistWeek 13


Watch the recording of the live presentation of "Seller's Property Disclosure Case Studies" available on:

https://learntoberich.com/spd-case-studies/

Mark this task as complete once you've watched it.

ASAPClassesContract To Close: Seller's Property DisclosureGet Your First Deal DoneMaking OffersPaperworkSellers Property DisclosureUltimate Nomad ChecklistWeek 13

See the Loan and Credit group of Dates and Deadlines.

IMPORTANT NOTE: This checklist is based on what I personally use with clients in Northern Colorado and is based on the Colorado Real Estate Commission approved Contract to Buy and Sell Real Estate. Please rely on your local real estate agent for how it works in your local real estate market. This process will definitely vary in different States.

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