Close of Escrow

If you’ve come this far you’re almost at the end of the journey, however, don’t forget to tie up these loose ends:

Final walk-through inspection. Usually 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.

Cancel home services and utilities. Your HomeSense® Realty Agent 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 HomeSense® Realty Agent is ready to assist you should an unforeseen glitch pop up, even at this last stage. If something at the house breaks down, or the buyer's loan doesn't pull through on time, no need to worry. We've encountered these situations 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. You'll then receive your proceeds, and the buyer will become the new owner.

For more information on any of these issues, contact a local HomeSense® Realty Agent.