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Almost Close of Escrow

It’s almost close of escrow, more commonly referred to as closing day

If you have come this far, it is almost time for congratulations, but not yet. Do not forget to tie up these loose ends before the close of escrow:

Close of Escrow

Final Walk-Through Inspection.

More of a formality than anything else, the final walk-through takes place a few days before closing. The buyer visits the property to verify that all is in working order. Everything is the same as when the buyer last viewed the property.

Cancel Home Services and Utilities.

We will provide a list of valid numbers for the termination of home services and utilities after closing.

Be Prepared.

Harb and Co. are here to assist you should there be an unforeseen glitch, even at this last stage. If something at the property breaks down or the buyers’ loan does not come through on time, there is no need to worry. We have encountered these problems before, so we know how to handle them efficiently and stress-free.

Closing.

Escrow will furnish all parties involved with a settlement statement. This summarizes and details the financial transactions enacted in the process. The buyer(s) will sign this statement, and then you will sign as well as the seller, certifying its accuracy. In Southern California, there is no need for you to attend the scheduled closing. If you are out of the area, you can elect to have the funds wired electronically to an account at your financial institution. Another option is to have a check issued to you at the closing. The seller should arrange to have all property keys and any other important information for the new buyer. Typically we ask that you leave these on the kitchen counter.