You review documents, finalize financing, schedule inspections, resolve contingencies, and coordinate with agents and lenders to ensure a smooth transfer of ownership and clear title before closing day. Key Takeaways: Buyer obtains final loan approval; lender orders appraisal and title search while mortgage conditions are cleared. Seller completes agreed repairs, gathers required documents, and preps…
Closing costs for sellers commonly include agent commissions, title and escrow fees, transfer taxes, prorated property taxes, and any mortgage payoff or lien settlements; you should plan for 6-10% of sale price. Key Takeaways: Real estate agent commissions are typically the largest seller cost-commonly 5-6% of the sale price split between listing and buyer agents….
With a government ID, certified funds, signed contract copies, proof of insurance, and contact details for your lender and agent, you protect the closing; expect potential issues like last-minute title defects, missing signatures, or lender funding delays. Key Takeaways: Government-issued photo ID (driver’s license or passport) and any co-signer ID; bring originals and copies required…