Both buyers and sellers have responsibilities during the escrow process and must do their respective parts to keep the transaction moving.
The Sellers:
• Carry out all escrow instructions.
• Provide the deed, via the escrow officer and listing agent.
• Submit all other required paperwork as outlined in the Purchase Agreement, such as insurance policies, home warranties, tax receipts, etc. (The settlement agent will provide clear instructions on what is needed.)
The Buyers:
• Submit a down payment, plus any other funds required.
• Carry out all escrow instructions.
• Approve inspection reports, preliminary title reports, and other items detailed in the Purchase Agreement.
• Execute a Deed of Trust/Mortgage to secure the loan.
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Disclaimer
SellBoji.com and RE/MAX Lakes Realty provides these covenants/bylaws/horizontal propoerty regime declarations as a convenience, and in no way guarantees the accuracy of these documents, and in no way represents that these documents are up to date and/or legally binding. It is the responsibility of any potential buyer, seller, investor, and/or real estate agent to contact any association contact and/or the Dickinson County recorder's office in order to satisfy themselves as to the very latest available documents.
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