Sellers: Close of Escrow


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Final Walk-Through Inspection: A few days before the buyer closes on your property, they will visit it one last time. This final inspection is to ensure that the property's condition meets the buyer's expectations compared to its condition when they made their offer. During this final inspection you will have the opportunity to "sign-off" on the property's condition to document that you have transferred the property in satisfactory condition.

Canceling Home Services and Utilities: We can provide you with a list of phone numbers to call local utilities and services so that they can terminate your service as of the date escrow will close. For the buyers' convenience, we will suggest they initiate service as of that same date.

If Things Get Complicated: Sometimes things don't go according to plan. This is when you really need an experienced real estate agent. Maybe something in the house broke at the last moment, or the buyer's loan won't close on schedule; there are a lot of variables. We've been through this numerous times and have various strategies and options to help make your transaction as smooth as possible for you.

Close of Escrow: Within 24 to 48 hours of closing, the lender's attorney will provide you with a settlement statement or "HUD" that breaks down all of the financial costs involved in the sale of your house. Your attorney will go over this with you to ensure its accuracy. At the closing, the lender's attorney will have you sign the final documents, including loan documents ("deeds of trust"). After all documents have been signed by the buyer and seller, the lender's attorney will record the title documents at the registry of deeds. You'll then receive your proceeds, and the buyer will become the new owner.

Keys: We will coordinate the delivery of your keys to the buyer once the deed has been recorded at the County Assessor's Office or according to any other contractual agreements you've made.

Feedback: A good agent knows there is always room for improvement, so we will ask for your written feedback on our service and performance.

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