The ClosingNormally, 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 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 take very little time. To be sure things move quickly, be sure
all persons required to sign are present and that you have all proof of any
contingencies have been met.
We look forward to being your REALTOR®.
Thanks, Esta and John Ingle
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