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Metro Realty Group

(916) 974-2795 Office, (916) 600-4516 Cellphone
900 Fulton Ave., #208 Sacramento, CA 95825
Email: information@paul-smith.com
www.paul-smith.com

Understanding the Process


Closing the Deal

Pre-Closing

Most sales contracts allow you to take a final "Walk-Thru," or tour of your chosen property 24 hours prior to closing. This is your last chance to visually inspect the home and make certain that repairs you had requested were in fact completed. If you find any major problems or feel that your requests have not been met, you have every right to delay the closing. In addition, if the seller has accompanied you, this is the time to voice all your concerns to him and to me (or your Realtor).

This is also a good time to get relevant last minute information from the seller like how to operate major appliances, the air conditioner and furnace, and determine what days the trash is collected.

Its also important for you to confirm the actual date that you can move in one last time and remind the seller to bring keys to the signing. Also, review the HUD 1 Settlement Statement in detail. This document details all the cash flows in the transaction.

Closing

At last, the big day has arrived! If you have never attended a closing, this can be quite an experience for you. Its very exciting, but you must slow down, be very attentive, and ask as many questions as you need to. Remember, I am here for you and if you have inquiries regarding any matter, please feel free to ask. This is your last chance to dispel any doubts or concerns.

After you have signed all the legal documents, you will probably be given specific instructions regarding your mortgage payments. Your Lender should at this point, if he has not already done so, inform you about when your first payment is due, where the payments need to be made, and warn you about the consequences of late payments. Finally, you will get your set of keys to the house.

Congratulations on your purchase! Finally, you can move in and celebrate!

Great Real Estate and Home Loans

Copyright ©  Paul Smith 1998, 1999, 2000, 2001, 2002, 2003, 2004

Helping you buy and sell real estate in:
Antelope, Auburn, Brooks, Cameron Park, Capay, Carmichael, Citrus Heights, Clarksburg, Colfax, Davis, Dunnigan, East Sacramento, El Dorado Hills, Elk Grove, El Macero, Esparto, Fair Oaks, Folsom, Foresthill, Gold River, Granite Bay, Grass Valley, Guinda,  Knights Landing, Laguna, Lake of the Pines, Lincoln, Loomis, Madison, Meadow Vista, Nevada City, Newcastle, North Highlands, Orangevale, Penryn, Placerville, Pocket/Greenhaven, Rancho Cordova, Rancho Murieta, Rocklin, Roseville, Rumsey, Sacramento, Serrano, Shingle Springs, South Land Park, Sun City Lincoln Hills, Sun City Roseville  West Sacramento, Winters, Woodland, Zamora

Metro Realty Group and its agents are licensed by the Department of Real Estate, State of California. This website is not intended to be a solicitation for the purchase, sale, or lease of real property outside of the State of CA.

Information contained herein has not been verified by Metro Realty Group or its agents. Interested parties should independently verify this information.

Homes listed in "Homes for Sale" are current listings. Inventory is moving so fast that these may have sold. They are updated week days. "Sold Homes" are homes listed by Metro Realty Group that have sold. Other homes illustrated on this site are for demonstration purposes only to show you what types of homes are available in this area.