Typically, the seller's expenses are paid at closing out of the proceeds received from the buyer, with the seller receiving a single check, net of all deductions. In some circumstances, when the seller's expenses exceed the proceeds from the buyer, the seller will be required to pay additional sums at closing to complete the sale.
WHAT SHOULD I BRING TO THE CLOSING?
At the closing, the seller should come prepared with the following: All house keys and electronic devices for garage doors, alarm systems, mailboxes, etc .
Documentation/receipts required by the Purchase and Sale Agreement for repairs, cleaning, etc.
Warranties that might still be in effect.
Warranties and receipts on repairs, if applicable.
Photo identification.
A certified check and a personal checkbook are needed if the seller owes money at closing .
Original Power of Attorney, if necessary, drafted by the attorney closing the transaction.
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