Close of Escrow
If you've
come this far, then this means only one thing: congratulations,
you've successfully sold your home! Don't forget to tie up
these loose ends:
Final Walk-Through Inspection. More of a formality than anything else, the final inspection
takes place a few days before the transaction is closed. The
buyer visits your property to verify that all is in working
order. You'll be signing the papers certifying that the property
was sold in satisfactory condition.
Cancel Home Services and Utilities. We can provide a list of useful numbers for the termination
of home services and utilities as of the date of the closing.
Be Prepared.Your
Connell & Manziek agent is ready to
assist you should an unforeseen glitch pop up, even at this
last stage. Something at the house breaks down, the buyers'
loan doesn't pull through on time - no need to worry. We've
encountered these problems before so we know how to handle
these problems efficiently.
Closing. The
title company furnishes the principals with a closing statement,
which summarizes all the financial transactions enacted in
the process. At closing you and the buyer will sign the final
documents for the Title Company. They'll record the transaction
for you and the buyer at the County Recorder's Office. At
closing you'll then receive your proceeds, and the buyer will
become the new owner.