Property Acquisition Checklist

Secure your dream property with confidence! 🏡 Our comprehensive Property Acquisition Checklist ensures you cover every crucial step - from due diligence and financing to closing and beyond. Download now and navigate the real estate journey stress-free! #realestate #propertyacquisition #checklist #homebuying #duediligence

This Template was installed 4 times.

Initial Assessment & Due Diligence

1 of 6

Preliminary research and evaluation of the property and surrounding area.

Property Address

Estimated Market Value

Lot Size (Acres/Square Feet)

Zoning Classification

Neighborhood Overview & Considerations

Nearby Amenities (Select all that apply)

Date of Initial Assessment

Financial & Legal Review

2 of 6

Analyzing financial feasibility and ensuring legal compliance throughout the acquisition process.

Purchase Price

Earnest Money Deposit Amount

Financing Type (if applicable)

Closing Date Target

Title Company Selection

Review of Seller Disclosures (Summary)

Legal Representation (Attorney)

Loan Pre-Approval Letter (if applicable)

Property Inspections & Environmental Assessments

3 of 6

Comprehensive evaluation of the physical condition of the property and potential environmental risks.

Inspection Scheduling Date

Type of Inspection(s) Ordered

Inspection Report Summary & Findings

Estimated Cost of Required Repairs (Based on Inspection)

Inspection Reports (Upload)

Phase I Environmental Site Assessment Required?

Summary of Environmental Assessment Findings (if applicable)

Environmental Assessment Reports (Upload)

Negotiation & Contract

4 of 6

Reaching an agreement with the seller and drafting a legally binding purchase contract.

Initial Offer Strategy Notes

Offered Purchase Price

Earnest Money Deposit Amount

Offer Submission Date

Counteroffer Details and Reasoning

Contingencies (Select All That Apply)

Expiration Date of Offer

Signed Purchase Agreement (Uploaded by Seller)

Financing & Closing

5 of 6

Securing funding and completing the transaction at closing.

Loan Amount Approved

Loan Commitment Expiration Date

Loan Type (e.g., Conventional, FHA, VA)

Appraisal Completion Date

Appraisal Notes / Comments

Title Insurance Company Selected

Closing Date

Closing Documents Received (e.g., Promissory Note, Deed)

Final Signatures Received

Total Closing Costs

Post-Acquisition Tasks

6 of 6

Activities to be completed after the property is officially acquired.

Official Closing Date

Post-Closing Notes/Observations

Immediate Priorities (select all that apply)

Number of Keys Issued/Retained

Copies of Keys (Photograph)

Date of First Property Tax Payment

Insurance Provider Contacted?

Any Issues Encountered Post-Acquisition?

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