Close of Escrow

Closing Day

If you’ve reached this stage, you are just steps away from officially completing the sale of your property. While closing day is exciting, there are still a few final details to finalize before the transaction is complete. Your agent will work closely with you to ensure all documents, timelines, and requirements are in order so your closing experience is as smooth and stress-free as possible.

Final Walk-Through Inspection

Typically conducted the day before or the day of closing, the buyer’s final walk-through inspection is performed to confirm that the property remains in the condition agreed upon in the Purchase Agreement. The buyer will also verify that any negotiated repairs have been completed, no new issues have arisen, and all agreed-upon items remain with the property. Additionally, the home should be free of any unwanted belongings or personal items left behind by the seller.

Canceling Home Services and Utilities

After the transaction is complete, it is important to arrange for the cancellation or transfer of utilities and home-related services. We will provide you with a helpful list of contact numbers and recommendations to make this process simple and organized.

Be Prepared for Unexpected Situations

Even during the final stages of a transaction, unexpected issues can occasionally arise. Delays with loan processing, last-minute repair concerns, or appliance malfunctions are not uncommon. Fortunately, we have the experience and resources to quickly address these situations and keep the transaction moving forward efficiently. Our goal is to guide you through any challenges with minimal stress and disruption.

The Closing Process

After the final inspection is complete, you, the buyer, and the closing agent will sign the settlement documents that outline and confirm all financial details of the transaction. If you are unable to attend the closing in person, alternative arrangements may be made depending on the circumstances and with proper notice to all parties involved.

If you are receiving proceeds from the sale, funds can typically be wired directly to your financial institution or issued by check at closing. Prior to closing, be sure to gather all property keys, garage remotes, access codes, and any important information that should be transferred to the buyer.

Once all documents have been signed and the transaction has been finalized, the sale is complete and your property is officially sold.