Closing Checklist

1. Copy of fully executed purchase contract. If it is a short sale or bank owned property it must have bank approval of the sale.
2. Preliminary Title Report from the title company and/or closing attorney. Mortgagee Clause - DoHardMoney.com Its Successors and/or Assigns (This will be provided by you and in some cases we will provide through the title company of our choice). This report MUST include a 24 month chain of title.
3. Closing Protection Letter from the title company. Mortgagee Clause - DoHardMoney.com - 1078 East 3300 South - Salt Lake City, UT 84106 (no loan number required)
4. Wire instructions for funding. This is provided by the title company or closing attorney.
5. Evidence of Insurance on the property with vacant dwelling coverage for a minimum of 6 months (include agents name, address, phone number and email address) You will need to contact an independent insurance agent to obtain as most homeowner insurance companies do not offer this type of insurance.Mortgagee Clause – DoHardMoney.com – Its Successors and/or Assigns – 1078 East 3300 South – Salt Lake City, UT 84106
6. If the loan is being closed in a company name then provide copies of the organization papers. Please be aware that all signers for the company will be required to sign as Personal Guarantors on the loan documents.
7. If the borrower is required to bring in the difference between purchase price and loan amount; these funds must be deposited to closing agent prior to docs and funding wire being sent. Verification will be required. 
8. Provide a licensed contractor bid for the repairs you plan on making to the home.  This bid MUST include the contractor's license number.
9. Provide verification of funds to complete the estimated rehab costs. This means you have a plan of action and are prepared for success.This is if you decide not to have DHM fund the rehab costs and you as the investor are going to fund the rehab directly. These funds will be held in a rehab escrow with DHM. 
10. Completed the Personal Information and Authorization form on this link – http://www.dohardmoney.com/esign/ - You will receive an email from Echosign which requires you to follow through the confirmation process. Once this is done then the information will be released to DHM. This is done for your privacy and security. 
11. Expert and VIP Rehabbers (investors who have completed at least 3 successful transactions in the last 18 months) must provide copies of HUD Settlement Statements for the last 3 transactions showing a profit. 

It is preferred that the above items be forwarded to our office via email (keith@dohardmoney.com) within 48-72 hours after application in order to avoid any delays in getting the loan closed.