CLOSING THE SALE
Closing is when funds and documents are transferred in order to transfer ownership of the property to the buyer. The escrow officer will look over the contract and find out what payments are owed by who, prepare documents for closing, perform the closing, make sure all payoffs are completed, the buyer’s title is recorded, and that you receive payoffs that are due to you. WHAT TO EXPECT
YOUR COSTS Seller commonly pays:
Mortgage balance & penalties Any claim or liens against your property or you personally Unpaid assessments on your property Realtor fees Pro-rated taxes & HOA dues HOA transfer fees Document preparation fees Wire/overnight fees
WHAT TO BRING
A government issued photo ID Spouse, if married House keys Garage door openers Mailbox and any other spare keys *sellers are not required to attend cosing
AFTER CLOSING
Funds will be mailed or wired within one business day
Keep copies of the following documents for tax purposes:
Signed settlement statements Home improvement receipts
Cancel utilities and home owners insurance
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