The Closing

Normally, a closing takes place at the title company office. The buyer, seller and their agents will meet along with the title company officer and the escrow agent(holder). It is a process of two transactions. The title of the property is transferred to the buyer and the existing mortgage (if any) is paid off, or assumed by the buyer. Sale proceeds (if there are any) are not normally paid out at this time. Your agent will inform you of the time of payout.

The title company will provide the documents that certify you are the recorded title holder and after everything is signed, the seller turns over the keys to the home to the new owner. Closings are normally a formality and sometimes take very little time. To enhance the probability that things will move quickly, be sure that all persons who are required to sign are present and that you have all proof(s) of any contingencies that are required to have been met.

We look forward to being your REALTOR®.
Thanks,
Esta and John Ingle