Closing Day
If you have come this far, this means that it is almost time for a congratulations, but not yet. Do not forget to tie up these loose ends:
Final Walk-Through Inspection.
The final walk through or inspection usually occurs the day before the closing. The buyer have one last chance to see the property to verify that everything is in working order, and is the same as when the buyer last saw the property, and that there are no extra items left behind.
Cancel Home Services and Utilities.
Your closing agent will provide a list of useful numbers for the termination of home services and utilities after the closing occurs.
Be Prepared.
Should any unforeseen glitch pop up, even at this late stage, I will be here to help you. If the buyers’ loan does not go through on time, or something at your home breaks down there is no need to worry. We have seen these issues before so we know how to handle them efficiently and in a stress-free manner.
Closing.
The closing agent will provide all you with a settlement statement, which itemizes and details all the credits and debits involved in the transaction and the bottom line will be the proceeds you will end up receiving. You will sign the settlement statement as well other tax documents and documents to transfer the property to the buyer. The buyer will also sign the settlement statement and loan documents at a different time, (buyer and seller don’t sign together.) If you are not able to attend the closing at the scheduled time, other arrangements can be made as a signing at a place of your convenience. You can choose to have the funds wired electronically to your account at financial institution of your choice, or can pick up a check issued to you after the closing and recording.