Secrets To A Fast Close
Published by Amber Martines, Coldwell Banker September 17th, 2007 in Uncategorized. by Amber Martines, Coldwell Banker Tags: No Tags.The day you close on your new home is the first day of a new chapter in your life! Why not start that chapter off right with a smooth and pain-free closing? There is much to the process that can significantly impact the ease of closing, that a buyer or seller does not see. In this post, I will outline the key things you need to know, and what you should expect, for a pain-free and easy real estate transaction. Contingencies - the sale of any home may include specific contract contingencies such as the buyer receiving financing, selling their current home, or a home inspection. These conditions must be removed or waived before the sale can close. You can ensure that the process goes smoothly by working aggressively to see that all of these items are completed as early as possible. Appraisal and Title Reports - completion of an appraisal to ensure the fair market value of the home and a title search to ensure clear title to the property must always be completed prior to closing. Closing Documents - typically a real estate attorney prepares documents that detail all of the transaction items. Occasionally, this is done by outside service companies as well. Closings - closing generally takes place at an attorney’s office or at the office of the mortgage provider. This is the acceptance of terms of sale by both parties and initiates the transfer of funds. The final sale is actually complete; however, when funds are transferred and the deed recorded. A professional realtor like myself ensures a speedy and predictable closing by anticipating and resolving any potential issues in this process. As an additional servic, I can offer you consulation in home-staging, organization, and minor home prep care to help you move into your new home. Please contact me for more information about how I can ensure that your finding and closing upon a home goes smoothly.
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