My husband and I had the pleasure with working for such a quality
organization.
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Excellent service, professionalism and teamwork...
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CHOOSE
SYMPHONY PROPERTIES TO MARKET YOUR HOME
Symphony Properties employs a personalized and proven marketing
plan that has maximized profit for sellers for over twenty years.
Our strategic approach embodies all of the necessary parts to
a successful sale! Please
go to Why choose Symphony Properties to find out more…
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ACCEPTED
OFFER TO PURCHASE
Once Symphony Properties procures a buyer for your home, both
parties will execute an offer to purchase. The primary purpose
of this contract is to establish the selling price and the
time line of the transaction.
The offer to purchase is typically subject to the following:
- Satisfactory home inspection
- Satisfactory review of
condominium documents and budget or home owner association,
if applicable
- Satisfactory purchase
and sales agreement
- Mortgage contingency for
financing approval
- Pest inspection
After the offer is signed, Symphony Properties
assumes the following responsibilities on the sellers’
behalf:
- Contact the management company/association
to obtain condominium documents, budget, minutes to meetings,
insurance information and all other related data.
- Schedule and attend the home inspection and
provide follow-up with additional information/documentation.
- Act as liaison between seller and his/her
legal council (i.e. Documentation transfers, communication
of all parties, negotiations, etc…)
- Pre-qualify the buyer to determine creditworthiness
- Administer all contact with tenants, if applicable,
with regard to showings/inspections, move out, repairs,
etc…
- Provide appropriate references to seller
for repairs, attorneys, accountants, movers, etc…
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EXECUTED
PURCHASE AND SALES
Once the purchase and sales agreement is signed, the most important
pending contingency is the mortgage commitment (step 4). Symphony
Properties will diligently update the seller as to the status
of the financing.
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MORTGAGE
CONTINGENCY
After the buyer receives the commitment letter from the bank,
Symphony Properties will prepare to close on the property. Below
are steps that will be taken on the sellers’ behalf:
- Acquire a 6D certificate from Management
Company or trustee that certifies that all common area charges
are paid thru the closing date.
- Obtain a certificate of compliance from the
fire department (valid for 60 days). This certifies that
all smoke detector are in good working order.
- If applicable, get a final water and sewer
reading statement (not applicable for condominiums)
- Get keys for the closing
- Contact the bank attorney to provide all
closing documents and accounting for the transaction.
- Contact utility companies to close accounts.
- Assist in tenant move out or transfers if applicable.
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CLOSING
At the closing, the seller transfers title to the buyer and
receives the proceeds from the transaction. The closing is typically
held at the office of the bank attorney and takes about 1 –
1.5 hours.
For financial planning purposes, below is an estimate of seller
closing costs for a typical transaction**:
- Attorney fees (from
purchase & sale through closing) - $800
- $1200
- Deed preparation - $150
- 6D certificate - $50
- Certificate of compliance - $40
- Tax Stamps (paid to
city/town - $4.56/thousand of selling price) - VARIES
- Miscellaneous costs (record
deed, courier, etc.) - $500
** These figures are estimates only and
may differ from sale to sale. Closing cost estimates do not
include real estate commission.
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POST
SALE
Congratulations on a successful sale! Thank you for putting
your trust in Symphony Properties. If you choose to share your
experience with family or friends we hope to provide excellent
service to your referrals…
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