Seller Tips for Closing Day
Closing day should be a day that everyone looks forward to. Follow these simple tips to make closing day a friendly, fun and stress free event!
How sellers can assist for an efficient closing
Terri Ditty, Broker Associate
Your home sale is almost complete; the only thing left is the closing period. Inconvenient delays in the selling process as a result of a problematic closing are usually avoidable. Here are some tips on how the seller can help ensure a smooth closing.
- Fix the problem. Don’t hit a snag in the final walk through, repair any defects or damage that you agreed to fix during the inspection process. Also, remember to maintain the condition of your home from the time of inspection to the final closing date. Otherwise there may be delays or financial concessions.
- Be aware of any closing costs you are responsible for and be sure to review the settlement statement with your attorney or your real estate agent so that any corrections can be made prior to arriving at the closing table.
- Be aware of deadlines! There are often timelines to accept or reject requests and specified dates within the contract. As a property owner in The Hideout, a resale certificate must be timely delivered to the buyer. Important to note: a buyer can terminate the agreement of sale anytime prior to receiving this resale certificate and up to 5 days after receipt.
- Be open about any liens, or unpaid HOA fees, they will be apparent in the title search anyway and there may be a solution your lender and agent can devise.
- Bring a photo id to the closing. You will be signing official documents at the closing, so it is imperative to bring your license and it’s always a good idea to have backup.
- Bring house keys, garage door openers, alarm codes and any appliance instructions or warranties you have for the new owners. As a kind gesture, it is nice to provide the new owners with maintenance contacts, such as phone numbers for landscapers, handyman, repair services, etc.
- Be flexible with scheduling…you do not always need to be physically present to transfer ownership to the buyer.
Closing day is day we all look forward to, and with some attention to details during the process, the settlement is stress free, friendly and yes, it’s been fun, too.