Settlement!

Closing day is here! Whoo hoo!  

If you are attending settlement you will sign the HUD/Settlement Statement showing the exact breakdown of the closing charges. The title company will arrange for the balance of your mortgage and any liens or loans leveraged against the property to be paid off with the proceeds from closing.  If you are receiving additional money back from closing once your loan has been paid off in full, you will receive them in the form of a check. The buyers will be signing a lot of documents with their lender during settlement but once they are finished signing, it is a good time to discuss with them what day trash is picked up, where the parking is, and wish them good luck in their new home. It is not a good time to say anything negative. Most buyers are happy and nervous so encourage them to take good care of their new home and make amazing memories there like you did!

If you do not attend settlement, the title company will either wire transfer those funds to you or you can stop by to pick up your closing check.  You will need to be reachable during settlement in case any issue arises.

And that’s it! Congratulations on a successful sale.  Thank you for trusting me to sell your home.