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Close Of Escrow

Closing Day!

If you’ve come this far, this means that it’s 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 takes place the day before, or the day of 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:

Upon request, we will provide a list of useful numbers for the termination of home services and utilities.

Be Prepared:

We are ready to assist you should an unforeseen glitches pop up, even at this last stage. If something at the property breaks down or the buyers’ loan does not clear too close on time, there is no need to worry. We have encountered these problems before so we know how to handle them efficiently and in a stress-free manner.

Closing:

The Closing Agent should furnish all parties involved with a Settlement Statement which summarizes and details the financial transaction enacted. The buyer(s), seller(s) and Closing Agent should sign this statement, certifying its accuracy. If you are unable to attend the scheduled closing, in most cases arrangements can be made for you to sign the documents electronically. This would strongly depending on the circumstances, as well as the advanced notice that is given by you to the Closing Agent. If you are receiving funds from the transaction, you can elect to either have the proceeds wired electronically to your account by the Closing Agent, or you can have a check issued to you at the closing. The seller(s) should arrange to have all property keys and any other important information for the new buyer(s) at the closing table.

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