Property Purchase Checklist - Summary

In the last three articles, we covered the steps we need to take in order to purchase a property the right way.

The articles were divided into three parts - before purchase, while in escrow, and after purchase.

Before purchase, when we check that the deal makes sense, we run comps, and we put the property under contract.

During escrow, when we make proper due diligence and plan for the day after.

And lastly, after closing, when you take over the property and start executing your plan.

Here is a summary table of all documents you should have at the end of the purchase process:

Phase	Document	Who Should Provide
Before Purchase	Purchase Agreement	Agent
Before Purchase	Inspection receipt	Inspector
Before Purchase	Inspection Report	Inspector
Before Purchase	Tenant Details, leases, are they current on rent?	Agent / Lawyer
Before Purchase	PINA	Agent
Before Purchase	Wire Instructions	Title / Lawyer / Agent
Before Purchase	EMD confirmation	Bank Print
While In Escrow	Insurance quote	Insurance Agent / Company
While In Escrow	Closing Statement	Lawyer / Title
While In Escrow	Wire confirmation	Bank Print
While In Escrow	Tenants leases	Agent / Lawyer
After Closing	Recorded Deed	Lawyer / Title
After Closing	Bills on your name	Service Provider