Don't forget to
tie up these loose ends:
7.1 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
property to verify that all is in working order. You'll be signing
the papers certifying that the property was sold in satisfactory
7.2 Cancel Home Services and Utilities. We can
provide a list of useful numbers for the termination of home
services and utilities as of the date of the closing.
7.3 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 buyer's 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.
7.4 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. At closing you'll then receive your proceeds, and
the buyer will become the new owner.