Congratulations on reaching the final stages of your real estate transaction! To ensure a smooth closing process, here are some essential tips to avoid delays:
- Meet Contingencies: Ensure that you’ve met all contingencies outlined in the sales contract. Resolve any issues noted during the final inspection before closing to prevent delays.
- Complete Move-Out: Move all of your items out of the home unless specific arrangements were negotiated and documented in the sales contract. Leaving the house empty and clean is a standard expectation.
- Clean the Home: Clean the home before closing, with broom cleaning as the minimum standard. Leave the house in the condition you would expect if you were moving in.
- Consider Wiring Funds: Instead of dealing with checks, consider wiring funds directly into your bank account. This method is safer, quicker, and less likely to result in complications at closing.
- Verify Debt Payments: At closing, ensure you see proof that your mortgage and any other debts (e.g., second mortgage, home equity line of credit) are completely paid off.
- Organize Paperwork: Make sure all necessary paperwork is in order before arriving at closing. Your Realtor and real estate attorney should be diligent in ensuring all required documents are prepared and ready.
Following these tips will contribute to a smooth closing process for your real estate transaction. If you need additional guidance or information, feel free to reach out to The Olear Team today!