How the Seller Prepares
Before the Closing
Before the closing be prepared to provide the following information. If you are working with an agent, let us know and we will work with them to obtain the information.
Complete Seller Information Sheet
This sheet will provide us with the information listed below and will assist us in making your closing a smooth process.
Payoff Information for all open loans on title
A copy of your current payment coupon/statement and social security number will be required to order the payoff. Social security number is also needed for tax purposes related to the proceeds.
Homeowner’s / Condo Association Information
If you are part of a mandatory home owner’s association, we will need to contact the association to ensure the status of the account and be able to pro-rate fees accordingly. Typically the treasurer would be the primary contact unless it is overseen by a management company. Contact name, phone and fax number would be needed.
Special Considerations
If you are aware of any special issues (deceased seller, marriage, divorce, trust situation) or any liens/defects associated with the title, provide the pre-closer with any details you have to expedite the process.
For the closing day, make sure you have the following:
For the closing day, make sure you have the following:
A US Government Issued Photo ID such as a Driver's License, State ID or Passport
If your name on your ID has changed from the name shown on title, you will need to bring documented proof of the name change such as a marriage license, divorce decree or recorded name change.
Funds for Closing
Prior to the closing, your agent may provide you with a Good Faith Estimate or you can contact our office to receive a Preliminary HUD-1 statement to verify the funds associated with the closing. If monies are to be brought to closing by you, they will need to be in the form of certified funds or money order or you may wire the funds directly to our bank. Certified funds or money orders should be made payable to yourself and endorsed to our office at the time of closing. If the funds you bring are in excess of the amount needed at the end of the closing, a refund check will be issued for the difference.
Forwarding Address
Make sure you can provide us with your forwarding address. After the closing is completed and documents are recorded, we will need to know where to send them to you.
Transfer Items
Bring any keys, garage door openers, homeowner's association covenants or other items that need to be transferred to the buyer at the closing.
In Your Absence
If for any reason you cannot attend the closing when scheduled, notify your pre-closing specialist to provide options such as power of attorney, mail-away or pre-signing of documents.