Selling a home as quickly and smoothly as possible is important to any home seller. Rest assured you get the most from your investment and expertly sell with our closing information and services.
The closing is the last step in the home-selling process where the final transfer of money and title happens.
The closing typically takes place at the title company’s office, but arrangements can be made for other closing locations.
The buyer, seller, both real estate professionals, and closer are present at the closing. Sometimes the lender will send a representative.
Make sure all necessary papers and documents are ready and in the hands of the right parties.
If your marital status has changed, let your closer know immediately. The person whose name has changed will need to provide a driver's license showing the new name, as well as a marriage license or divorce decree documenting the change.
If there is a Power of Attorney, or if there has been a death in the family, make sure your closer knows this ahead of time. Additional documentation will be required at closing, and often documents must be approved by the title company before the closing.
Understand when and how you will be paid.
If you're buying another property, schedule both closings at the same office back to back. You can assign the funds from the sale to the purchase.
Review the key items in your contract:
Price and terms
Condition of home and inspection
Response deadline
Settlement date and occupancy
Finalizing
Bring your IDs. Bring either a valid driver’s license, a state-issued picture ID, or a valid passport. Also bring your Social Security number (or Tax Identification Number) to complete the IRS documents. The closer will make copies beforehand.
Other IDs and documents. Bring any driver’s license with a name change, marriage license, divorce documents, or Power of Attorney documents if not used to prepare ahead of time.
Bring the keys. You’ll give the keys to the buyer. Other items pertaining to the house can be left at the property for when the buyer moves in.
Allow at least 1-2 hours. The borrower side is more time-consuming. Some agents may suggest you arrive 30 minutes after the scheduled closing time to allow the buyer to sign the loan package.
Review and sign the settlement sheet. The closer will review the settlement sheet with you and the buyer and answer any questions before each of you signs it.
Review all documents. Review all real estate documents and sign them. By signing the Warranty Deed, the title officially transfers from you to the buyer. The buyer also reviews their new lender loan package and signs all appropriate documents.
Receive funds. The closer will distribute the checks to the appropriate parties. Cashier's checks are typically issued for seller proceeds. If you would like a wire transfer, please contact your bank for instructions (some banks will charge to receive a wire transfer).
Receive copies. Choose from paperless documents via email or on a CD, or get paper copies of all documents.
The closing agent will immediately record the Warranty Deed, the Deed of Trust, and other documents with the county clerk's office.
Testimonials
This is the only place I would take my real estate closings. Beautiful office, professional staff, and quickly efficient all around. My closing had several last-minute complications due to the lender playing "hop scotch" with the numbers. Documents had to be done and redone. Throughout all of this, Land Title was extremely patient and just rolled with the changes...They also have fresh-baked cookies right in the lobby and some pretty cool pens. But don't be a hog and take a bunch, just one please (pens, that is).
- Steven S., Client
We have always used Land Title for all our properties. Recently we needed some deed paperwork looked up for estate planning, and we received all of the documents within several hours, via email, then also mailed to us.
- Mona D., Client
They really did a great job when it came to "protecting the seller".
Land Title documented everything and protected me.
- Diana S., Client
As always Land Title pulls it off. Very professional and great!
- Cari G., Client
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