456 Oak Ave Closing
pending456 Oak Ave, Charlotte, NC 28205
Closing Date
Mar 5, 2026
Purchase Price: $285,000
Closing Checklist
5 of 12 completeTrack each step of the 456 Oak Ave closing process. Items are color-coded by status: green for complete, yellow for in progress, and gray for pending.
1. Title Search
Completed Jan 20, 2026Comprehensive title search completed. Clear title confirmed with no liens, encumbrances, or judgments. Title commitment issued by First American Title.
2. Survey
Completed Jan 25, 2026ALTA/NSPS land title survey completed. Property boundaries confirmed at 0.32 acres. No encroachments or easement conflicts identified.
3. Inspection
Completed Jan 28, 2026Full property inspection completed by QC Inspect. Minor items noted in report — seller agreed to $3,500 credit at closing. Inspection contingency satisfied.
4. Appraisal
Completed Feb 3, 2026Property appraised at $290,000, exceeding purchase price of $285,000. No appraisal gap. Lender appraisal contingency cleared.
5. Insurance
Completed Feb 5, 2026Homeowner’s insurance policy bound with State Farm. Coverage effective at closing. Title insurance commitment received from First American.
6. Attorney Review
In Progress — Target Feb 15, 2026Reviewing purchase agreement, title commitment, and survey for any issues. Preparing closing document package and coordinating with seller’s counsel.
7. Deed Preparation
In Progress — Target Feb 20, 2026Preparing general warranty deed for transfer to 456 Oak Ave LLC. Confirming legal descriptions and vesting details with entity formation documents.
8. Closing Disclosure
Pending — Target Feb 28, 2026Prepare and review closing disclosure statement. Verify all prorations, credits, fees, and final settlement figures. Must be delivered 3 business days before closing.
9. Wire Instructions
Pending — Target Mar 1, 2026Issue verified wire transfer instructions to investor and lender. Coordinate with Piedmont Financial Services for escrow funding.
10. Signing
Pending — Mar 5, 2026Closing appointment at Charlotte Legal Associates. All parties sign deed, settlement statement, loan documents (if applicable), and ancillary closing documents.
11. Recording
Pending — Mar 5, 2026Record deed and deed of trust with Mecklenburg County Register of Deeds. Confirm recording number and issue to all parties.
12. Disbursement
Pending — Mar 5-6, 2026Disburse funds per settlement statement: seller proceeds, real estate commissions, recording fees, title insurance premium, and attorney fees. Issue final closing package to all parties.