Podcast
Questions and Answers
When is the EMD due for the buyer to send to the listing office?
When is the EMD due for the buyer to send to the listing office?
- Within 2 days of the executed date
- Within 10 days of the executed date
- Within 5 days of the executed date (correct)
- Within 15 days of the executed date
What is the first step once an offer has been accepted?
What is the first step once an offer has been accepted?
- Add buyer info to loop
- Share copy of EMD with lender and title
- Send emails 1-3
- Begin UC process steps in dotloop (correct)
Which document is not required for cash deals?
Which document is not required for cash deals?
- Mortgage Commitment
- Appraisal
- Mortgage Application
- All of the above (correct)
What must be completed and submitted before the inspection due date?
What must be completed and submitted before the inspection due date?
Which is essential for the UC process steps in dotloop to begin if the offer is accepted?
Which is essential for the UC process steps in dotloop to begin if the offer is accepted?
What is an important the tasks related to homes with a mortgage?
What is an important the tasks related to homes with a mortgage?
When are the HOA docs due?
When are the HOA docs due?
What is a requirement related to utilities?
What is a requirement related to utilities?
What is a significant task regarding township inspections?
What is a significant task regarding township inspections?
Why is a pre-settlement walkthrough signed by the agent needed?
Why is a pre-settlement walkthrough signed by the agent needed?
What 7 documents or items are needed for a new buyer?
What 7 documents or items are needed for a new buyer?
Match the document to the correct phase.
Match the document to the correct phase.
True or False: We do not need a copy of the homeowners insurance policy.
True or False: We do not need a copy of the homeowners insurance policy.
True or False: Inspection BRI is due 30 days from the executed date.
True or False: Inspection BRI is due 30 days from the executed date.
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