Escrow Opening Checklist

ESCROW OPENING CHECKLIST Created by ChecklistGuro (https://checklistguro.com) --- INITIAL SETUP & CLIENT INFORMATION --- [ ] Escrow Officer (Escrow Officer 1, Escrow Officer 2, Escrow Officer 3) [ ] Client Name (Buyer) [ ] Client Name (Seller) [ ] Client Contact Information (Buyer - Phone, Email, Address) [ ] Client Contact Information (Seller - Phone, Email, Address) [ ] Communication Preference (Buyer) (Email, Phone, Text) [ ] Communication Preference (Seller) (Email, Phone, Text) [ ] Date Client Instructions Received --- PROPERTY INFORMATION & LEGAL DESCRIPTION --- [ ] Property Address [ ] Parcel Number(s) [ ] Legal Description (Full) [ ] Lot Size (Acres/Square Feet) [ ] Property Survey (if available) [ ] Property Type (Single Family Residence, Condominium, Townhouse, Land, Multi-Family, Commercial) [ ] APN (Assessor's Parcel Number) --- PARTIES & CONTACT INFORMATION --- [ ] Buyer Full Name [ ] Buyer Phone Number [ ] Buyer Email Address [ ] Seller Full Name [ ] Seller Phone Number [ ] Seller Email Address [ ] Listing Agent Full Name [ ] Listing Agent Phone Number [ ] Listing Agent Email Address [ ] Buyer's Agent Full Name [ ] Buyer's Agent Phone Number [ ] Buyer's Agent Email Address --- PURCHASE AGREEMENT REVIEW --- [ ] Review Purchase Agreement - General Comments & Summary [ ] Effective Date of Purchase Agreement [ ] Closing Date (as per Purchase Agreement) [ ] Purchase Price (as per Purchase Agreement) [ ] Contingency Types (Select all that apply) (Financing, Appraisal, Inspection, Sale of Buyer’s Property, Other (Specify)) [ ] Summary of Inspection Contingency Details (if applicable) [ ] Summary of Appraisal Contingency Details (if applicable) [ ] Earnest Money Deposit Amount Specified? (Yes, No) [ ] Special Instructions/Riders/Addenda (Summarize) --- FUNDING & LOAN INFORMATION --- [ ] Loan Amount [ ] Lender Name [ ] Loan Officer Name [ ] Loan Type (e.g., Conventional, FHA, VA) (Conventional, FHA, VA, USDA, Jumbo) [ ] Estimated Closing Date (per Loan Commitment) [ ] Interest Rate (per Loan Commitment) [ ] Loan Commitment Details/Conditions (if applicable) [ ] Loan Estimate (LE) [ ] Funding Type (Wires, Check) --- TITLE & INSURANCE --- [ ] Title Company Selection (Company A, Company B, Company C, Other - Specify) [ ] Title Company Order Instructions/Special Requests [ ] Title Insurance Type (Standard, Extended, etc.) (Standard, Extended, Custom - Specify) [ ] Estimated Title Insurance Premium (if known) [ ] Date Title Search Ordered [ ] Flood Certification Required? (Yes, No) [ ] Copy of Preliminary Title Report (if available) [ ] Endorsements Required? (Yes, No) --- INITIAL DEPOSITS & FUNDS --- [ ] Initial Deposit Amount [ ] Source of Initial Deposit (e.g., Bank Name) [ ] Deposit Account Number [ ] Deposit Date [ ] Confirmation Number (if applicable) [ ] Earnest Money Deposit Amount [ ] Method of Earnest Money Deposit (e.g., Wire Transfer, Check) [ ] Copy of Deposit Confirmation (if available) --- ESCROW FEES & DISCLOSURES --- [ ] Escrow Fee Breakdown Explanation [ ] Escrow Fee Amount [ ] Earnest Money Deposit Amount [ ] Payment Method for Initial Deposit (Check, Wire Transfer, Credit Card (with fee)) [ ] Copy of Initial Deposit Receipt (if applicable) [ ] Disclosure of Potential Conflicts of Interest (if any) (No Conflicts, Conflicts Exist - Documented and Disclosed) [ ] Summary of Key Disclosures Provided to Parties [ ] Date Disclosures Provided to All Parties --- END OF TEMPLATE --- Transform this text into a digital, automated, and trackable mobile app! Visit: https://checklistguro.com/templates/task-management/escrow-opening-checklist (Click "Install Template" to launch your digital inspection tool immediately)