All expected costs should already have been covered and put into writing between you and the buyer. The following items are commonly paid for by sellers at closing, although this is not set in stone.
• title insurance • escrow or attorney’s fee • transfer tax • survey costs • home warranty fee • mortgage payoff • outstanding utility bills • recording fee • inspection costs • buyer’s agent commission
STEP 8: MOVING
The closing is usually the time when the buyer takes possession of the property, so you need to be out of the home by then. There are situations where a rental agreement is set up between the buyer and seller. However, it’s far less complicated if you tackle the packing and moving process before closing. Keep the following in mind as you do so.
Where You Currently Reside
• Provide a forwarding address to your post office. • Don’t forget to give friends, family, and acquaintances your current contact information. • Submit changes of address for your magazine subscriptions, credit cards, etc. 101
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