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"Closing" refers
to the meeting where ownership of the property
is legally transferred to the buyer. Your real
estate agent will be present during the closing
to help explain the process and forms to you
and make sure everything goes as planned. By
being present during the closing, he or she can
mediate any last minute issues that may arise.
As
the seller, you will need to be prepared to give
over any necessary documentation regarding the
property and, depending on the arrangements made
during negotiations, you may be required to have
done something specific in order to close. Be
sure to read all the documents and ask any questions
you may have. It is important that you understand
every document you are signing. |
