The closing often takes place at the closing agent’s office. Make sure to stay in touch with this agent to be 100% certain that your sale doesn’t get off track. There shouldn’t be any surprises at the closing. 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.
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