Close of Escrow

Prior to Closing Day

We’re almost there!!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.

More of a formality than anything else, the final inspection can take place up to 7 days prior to the close of escrow but usually it’s a day or two before, or the day of the closing. The buyer visits the property to verify that all is in working order, everything is the same as when the buyer last viewed the property, and that there are no extra items left behind.

Cancel Home Services and Utilities.

I will provide a list of useful numbers for the termination of home services and utilities after the closing occurs if you don’t have them already.

Be Prepared.

I’m here to assist you should an unforeseen glitch pop up, even at this last stage. If something at the property breaks down or the buyers’ loan does not pull through on time, there is no need to worry. I’ve encountered these problems before so I know how to handle them efficiently and in a stress-free manner.

Closing.

The escrow officer will furnish all parties involved with a settlement statement, which summarizes and details the financial transactions enacted in the process. The buyer(s) will sign this statement and then you as the seller will sign as well as the escrow officer, certifying its accuracy. If you are unable to attend a scheduled closing with the escrow officer, then we can make arrangementsto have a mobile notary meet you depending on the circumstances and the notice that we receive. If you are receiving funds from the transaction, you can elect to either have the funds wired electronically to an account at your financial institution, or have a check issued to you at the closing. As the seller please make sure to have all property keys, garage remote controls, and any other important information for the new homeowner at closing, so that the owner may receive these items at close of escrow.