Closing Process

You should select a professional real estate agent to represent your needs. Once you establish a working relationship with your agent, your home is put on the market and marketed to potential buyers. Once a buyer makes an offer on your home you have three options: accept the offer, counter the offer, or reject the offer. After you accept an offer you can expect to do the following:

  1. Earnest money deposited into the listing brokers trust account.
  2. Buyer or Buyers Agent orders inspections, receives clearances and approves final reports and/or repairs to the property as required by the terms of the purchase and sale agreement (responsibility for inspection procedures may vary).
  3. Seller submits documents and information to the Title Company, such as:
    • account info for lien holders, if any,
    • homeowner association info, if any,
    • home warranty contracts, if any,
    • any leases and/or rental agreements.
  4. Completion of appraisal by Buyers lender, if applicable.
  5. Seller will execute all required escrow documents with the Title Company.
  6. Buyer and Seller fulfill any remaining conditions specified in the contract.
  7. Buyer and Seller approve any final changes by signing amendments to the contract.

Note: The above is general information only. Your situation may differ. Please consult your real estate professional for details about your specific situation.

Sellers Financial Responsibilities

SELLING YOUR HOME: COSTS AND FEES
SELLER'S CHECKLIST
A GOOD FIRST IMPRESSION CAN HELP SELL YOUR HOME
YOUR HOME’S EXTERIOR CREATES THE PROSPECTIVE BUYER’S FIRST IMPRESSION
A SPOTLESS INTERIOR WILL REINFORCE YOUR HOME’S GOOD FIRST IMPRESSION
HERE ARE SOME LAST-MINUTE DETAILS THAT WILL MAXIMIZE YOUR HOME’S SELLING POTENTIAL
WHAT YOU CAN DO WHILE YOUR HOUSE IS BEING SHOWN