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This Subject Is accounting Information Systems. Need to create a flowchart for the information attached. Entities Buyer 1 2 3 4 5 6 7 8
This Subject Is accounting Information Systems.
Need to create a flowchart for the information attached.
Entities Buyer 1 2 3 4 5 6 7 8 9 10 11 Realtor 1 2 3 4 5 6 7 8 9 10 11 Mortgage Company 1 2 3 4 5 6 Title Company 1 2 3 4 5 6 7 8 Activities Selects a new home using the Zillow Program, Seller Master file, and Property Tax Master file Sends the Home Selection to the Realtor Receives Copy 1 of Purchase Contract from Realtor Writes an Escrow Check Applies to the Homeowners Association online using the HOA Program which retrieves information from the Homeowners Application Transaction file Completes a Mortgage Application using the Mortgage Program which updates the Buyer Master file and adds a new recor Sends Mortgage Application to the Mortgage Company Sends the Escrow Check to the Real Estate Broker Receives Copy 1 of Mortgage Commitment from Mortgage Company Receives Copy 1 of Closing Documents from Title Company Files Copy 1 of the Purchase Contract, Copy 1 of the Mortgage Commitment, and Copy 1 of the Closing Documents in the H Downloads a Home Report from the Multiple Listing Service using the MLS Program, Seller Master file, and Property Tax M Prepares an Offer Letter and sends it to the Seller Receives Approved Offer Letter from Seller Creates four copies of the Purchase Contract using the Real Estate Documents Program which retrieves information from th Property Tax Transaction file, and adds a new record to the Purchases Transaction file Sends Copy 1 of the Purchase Contract to the Buyer Sends Copy 2 of the Purchase Contract to the Seller Sends Copy 3 of the Purchase Contract to the Title Company Files Copy 4 of the Purchase Contract in the Pending Purchases file cabinet by date, then buyer name Receives Copy 2 of the Closing Documents from the Title Company Retrieves Copy 4 of the Purchase Contract from the Pending Purchases file cabinet Sends Copy 4 of the Purchase Contract to the Real Estate Broker, along with the Approved Offer Letter and Copy 2 of the Cl Receives Mortagage application from the Buyer Reviews Mortgage Application Performs a Home Appraisal Creates two copies of the Mortgage Commitment using the Mortgage Program which retrieves information from the Bank adds a new record to the Mortgage Transaction file Sends Copy 1 of the Mortgage Commitment to Buyer Filed Copy 2 of the Mortgage Commitment in the Approved Mortgages file cabinet by buyer name, then by date, along wit Appraisal Recieves Copy 3 of the Purchase Contract from the Realtor Reviews the Purchase Contract Performs a Title Search using the Title Program and Title Master file Creates Title Insurance using the Title Program which retrieves information from the Title Master and adds a new record to Prepares three copies of the Closing Documents using the Title Program, Title Master file, and Insurance Transaction file Sends Copy 1 of the Closing Documents to the Buyer Sent Copy 2 of the Closing Documents to the Realtor Filed Copy 3 of the Closing Documents in the Closing Documents file cabinet by parcel number, along with Copy 3 of the Pu Buyer Seller Master File Zillow Program Select New Home Property Tax Master File Home Selection A Purchase Contract B Writes an Escrow Check Applies to the Homeowners Association Homeowners Master file HOA Program HOA Application Transaction file Mortgage Program Completes a Mortgage Application Buyer Master file Mortgage Application Transaction file Mortgage Commitment D Purchase Contract Mortgage Commitment Closing Documents Home Purchase D Mortgage Commitment Closing Documents Home Purchase D Realtor Downloads a Home Report MLS Program Seller Master File Property Tax Master File A Prepares an Offer Letter Home Selection Seller Approved Letter Seller Creates four copies of the Purchase Contract Real Estate Documents Program Property Tax Master file Property Tax Transaction file Purchases Transaction file Copy 1 of Purchase Contract Copy 2 of Purchase Contract Copy 3 of Purchase Contract Copy 4 of Purchase Contract B Seller C Pending Purchases D, A Purchases D, A Copy 4 of Purchase Contract Pending Purchases D, A Copy 4 of Purchase Contract Purchase Contract Approved Offer Letter Closing Documents Real Estate Broker ler Master e Mortgage Company Mortgage Applicaton operty Tax aster File operty Tax aster file Performs a Home Appraisal Mortgage Program Creates two copies of the Mortgage Commitment Buyer Master file Mortgage Transaction file Copy 1 of Mortgage Commitment D roperty Tax ansaction file urchases ansaction file Bank Master file Mortgage Commitment Mortgage Application Home Appraisal Approved Mortgages file A,D Title Company Purchase Contract C Reviews Purchase Contract Bank Master file Title Program Title Search Buyer Master file Mortgage Transaction file Title Program Creates Title Insurance Title Program Prepares three copies of the Closing Documents Copy 1 of Mortgage Commitment D Copy 2 of Mortgage Commitment D Mortgage Commitment Purchase Contract Title Insurance Closing Documents N Purchase Contract Title Insurance Closing Documents N Title Master file Title Master Insurance Transaction file Title Master Insurance Transaction file . Closing Documents N Closing Documents NStep by Step Solution
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