The Selling Process
Escrow and appraisals are an essential part of selling your property. Our agents will guide you through this process, which may become overwhelming for the seller. The buyer will get your property before signing the agreement. Apart from ensuring that everything is in place, they do it to satisfy mandatory requirements to confirm the value of the property.
Contingencies
Buyers will add contingencies in the contract to safeguard their interests. We will be by your side and use our expertise to ensure that these contingencies do not harm your interests at any point.
Appraisals
If the buyer is taking a mortgage, they will have to get the property appraised by a third-party vendor. It is done to ensure that the asking price of the property is in line with the market prices. Our agents will be available to answer any questions that you may have during this process.
Disclosures
As a seller, you will have to give a full list of disclosures to the buyer and their agent. For instance, you will have to let them know if there are any city or structural violations on the property. Our agents will ensure that you provide an exhaustive list of disclosures to protect your future interests.
Escrow
When you are selling a property, a closing agent will be involved to protect the interest of the seller and the buyer. The escrow account holds the initial deposit from the buyer who is interested in buying.
However, there are circumstances when the escrow may fall out. For instance, the buyer may back out, or their mortgage may not come through. Our agents take care of every possibility and will ensure that the paperwork protects your interests in all circumstances.
Close of Escrow
The escrow will close when you receive the full payment for your property from the buyer, sign the agreement, and hand over the keys. It will be the last step in this process of selling your property.
Reviewing and Signing Documents
Closing is the day when you will be signing the papers and transferring the ownership of your property to the buyer. The closing agent will get a settlement agreement which will entail all the information about the financial transactions. You, the buyer, and the closing agent will be signing the agreement on the closing day.
Our agents will be at your service if you are unable to make the appointment. They will try to find the best possible solution within the time given in the notice. We will ensure that you receive the funds in your chosen mode - wired to your account or a check.
What If Something Goes Wrong?
Well, you do not know when something may wrong while selling a property. Your buyer may pull back, or their loan may not come through. Do not worry, as we have been through it all. Our agents will walk you through such uncertain times and do their best within their means.
Final Walk Through
Before you hand over the keys to the buyer, our agents will be available to ensure that everything is in place. A day before closing or on the day the final contract is to be signed, the buyer will inspect the place for one last time. It is more of a formality to ensure that everything is as promised.
Our agents will be available throughout this process to guide you.
After Closing
After you close the deal, you will have to terminate your house services and utilities. Our agents will handhold you in the process and give you a list to get everything in order.