Sellers may or may not attend the closing, so we’ll work alongside the settlement company to decide what’s best. You may be able to sign all documents before the official closing.
Seller expenses, which are deducted from the proceeds of the sale, include:
- Final balance on your mortgage
- Real estate commissions
- Prorated property taxes, utility bills, homeowners insurance, and homeowners association dues
If you can’t move before the closing, you may need to arrange a rentback from the buyer. A rentback agreement would allow you to remain in your home for a specified amount of time after closing. I can help you complete the appropriate paperwork for a rentback should you need it.
If you are moving, the buyer will do a walk-through of your home within 24 hours before the closing to check that the property is in good condition. If the buyer finds something that needs to be fixed, we’ll work together to decide how to handle it.
Whether or not you attend the closing, you’ll need to provide house keys to your buyer, along with all alarm codes, remote controls for the garage, and mailbox or gate keys.