Before you close, your Accommodator will need just two things to set up your exchange.
1: A copy of your signed and accepted Earnest Money Agreement or Purchase and Sale Contract.
In
your best interest, there is some sample
language I recommend you include in your Earnest Money Agreement or Purchase
and Sale Contract. The IRS does not require that this language be included, but
I suggest you include it for your own benefit.
2: The name and phone number of the Title and Escrow Company or Attorney handling your closing. They will need to request a copy of the Preliminary Title Report.
Your Accommodator will need to be in close contact with the Escrow Officer or Closer you will use to handle your closing. She/he will give them instructions on how to structure your closing for a tax-deferred exchange.
Back to 1031 Exchange Main Page
Millie Fine
CENTURY 21 Aadvantage Gold
Toll Free 1-888-449-FINE
Home office 1-702-363-5599
E-Mail Millie!
millie@milliefine.com
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