real estate closing explanation - Esta and John Ingle REALTORS® -Hutto, Pflugerville, Round Rock Texas
 
Esta & John Ingle
e-Executive Realty
1205-B Sam Bass Rd.
Round Rock, TX 78681
Phone: (512) 779-6966
Fax: (512) 255-1394

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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 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

 
Copyright 2008 - Ingle Realty - 1104 S Mays Ste 213 - Round Rock, TX 78664
Phone: (512) 779-6966 - Fax: (512) 255-1394

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