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CLOSE OF ESCROW
If you have come this far, then this means only one thing: Congratulations!!! You have 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 walk-through usually takes place 24 to 48 hours prior to closing. The buyer visits your property to verify that all is in working order and there was no damage from when you moved out. You will be signing documents certifying that the property was sold in satisfactory condition.
Cancel Home Services and Utilities. We will provide a list of useful numbers for the termination of home services and utilities as of the date of the Closing.
Be Prepared. Your Boston Choice Properties 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 have encountered these problems before so we know how to handle these problems effectively.
Close of Escrow. Within 24 to 48 hours of closing, the lender’s attorney will provide you with a settlement statement or "HUD" that breaks down all of the financial costs involved in the purchase of your new home. Your attorney will go over this with you to ensure its accuracy. At the closing, the lender’s attorney will have you sign the final documents, including loan documents ("deeds of trust"). After all documents have been signed by the buyer and seller, the lender's attorney will record the title documents at the registry of deeds. You'll then receive your proceeds, and the buyer will become the new owner.
Keys. Bring the keys to the closing so that they will be available to the buyer once the deed has been recorded at the Registry of Deeds.
As your real estate agents, we value your opinion regarding the quality of our service. Please feel free to let us know by contacting us at info@bostonchoiceproperties.com.
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