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The Closing Process
 Once you have found the home you want to buy, there are several additional steps you need to take to close the sale after the purchase and sale agreements have been signed.
| Step 1 |
Subject removal: The most common subjects are inspection, financing, state of title and insurance. These conditions must be removed or waived in writing before the purchase on your new home can close. |
| Step 2 |
Appraisal: Your lender requires a formal appraisal to confirm the value of the home you're buying, to use as collateral to secure the loan. |
| Step 3 |
Prepare closing documents: real estate lawyers or notaries prepare documents that confirm the transaction, adjust funds, etc. |
| Step 4 |
Signing of closing documents: Although both parties may have signed closing documents and deposited funds, the sale actually closes when the deed is recorded and the proceeds are available to the seller. |
| Step 5 |
Signed documents go to the lender for final review. |
| Step 6 |
The deed is recorded and funds disbursed. |
| Step 7 |
The seller receives the proceeds and the moving van arrives. |
| Step 8 |
You get the keys to your new home! |
There are many opportunities for surprises or delays in a transaction. Part of my expertise is in troubleshooting problems that arise in the closing process, including anticipating and preparing for potential problems before they arise.
Please email or call me any time if you have questions or would like more information about the closing process.
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