CLOSE OF ESCROW
If you've come this far, then this means only one
thing: congratulations, you've successfully sold
your home! Don't forget to tie up these loose ends:
Final Walk-Through
Inspection. More of a formality than
anything else, the final inspection takes place a
few days before the transaction is closed. The buyer
visits your Maryland property to verify that all is
in working order. You'll be signing the papers
certifying that the property was sold in
satisfactory condition.
Cancel Home Services and
Utilities. We'll provide a list of useful
numbers for the termination of home services and
utilities as of the date of the close of escrow.
Be Prepared.
Your agent is ready to assist you should an
unforeseen glitch pop up, even at this last stage.
Something at the house breaks down, the buyers' loan
doesn't pull through on time - no need to worry.
We've encountered these problems before so we know
how to handle these problems efficiently.
Close of Escrow.
The title company furnishes the principals with a
closing statement, which summarizes all the
financial transactions enacted in the process. A few
days before the set closing date, you'll 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.
Keys. I'll
arrange the delivery of your keys to your buyer once
the deed has been recorded at the County Assessor's
Office.
For more information and for any
additional questions, please feel free to contact me
at any time.
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