Close of Escrow

Closing Day

As closing day approaches and all contract contingencies have been satisfied, the transaction enters its final stage. Our team works closely with all parties involved to help ensure every requirement has been completed properly so the closing process is as smooth, organized, and stress-free as possible.

Final Walk-Through Inspection

The final walk-through inspection is typically completed the day before or the day of closing. This allows the buyer to verify that the property remains in the agreed-upon condition, that any negotiated repairs have been completed, and that all seller belongings have been removed unless otherwise specified in the Purchase Agreement.

Cancel or Transfer Utilities and Services

Prior to closing, sellers should arrange for utility accounts and home services to be canceled or transferred appropriately. This may include electricity, water, gas, internet, lawn care, security systems, trash collection, and other recurring services. We can provide a helpful checklist of local utility providers and service contacts to assist with the transition.

Be Prepared for Unexpected Delays

Even well-organized transactions can occasionally experience unexpected delays related to financing, title issues, repairs, appraisal conditions, or final documentation. Our experienced team proactively manages these situations and works to resolve issues efficiently while keeping all parties informed throughout the process.

Closing

At closing, the buyer, seller, lender, and closing agent will review and sign all final settlement documents required to complete the transaction. If you are unable to attend closing in person, alternative arrangements may often be coordinated in advance.

Once all documents have been signed and funds have been properly distributed, proceeds from the sale can typically be sent through wire transfer or issued by check. Sellers should also provide all keys, garage openers, access devices, warranties, manuals, and important property information to the buyer at closing.

After the deed is officially recorded and all signatures are completed, ownership of the property is successfully transferred to the buyer and the sale is finalized.