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Close of Escrow


Closing Time:

If you have come this far, this means that it is almost time for a congratulations, but not yet.

Do not forget to tie up these loose ends!

If you’re a buyer:

Set up your final Walk-Through Inspection.

This is more of a formality than anything else; the final inspection takes place a few days before the day of the closing. Coordinate with Kurt in advance for a time that works best for you.

The buyer visits the property to verify that everything is in working order; everything is the same as when you last viewed the property, and that there are no extra items left behind.

Set up all of your services and utilities.

*Please visit the convenience link under the Buyers tab found on the site navigation menu at the top of your screen.

If you’re a seller:

Cancel services and utilities, typically a day or two beyond the closing date, to ensure the transfer to the new homeowner is seamless and the home will not go without power or water.

This can especially be important over the summer months in Arizona.

Be prepared and be available via phone on the actual date of closing.

We are ready to assist you should an unforeseen glitch pop up, even at this last stage.

Life still happens during the closing process, though to this point, anything adverse would be very rare. It’s important to have open communication available at a moment’s notice. It helps keep buyers and sellers calm on this most exciting day!

Closing:

The closing agent will furnish all parties involved with a settlement statement, which summarizes and details the financial transactions enacted in the process.

In the state of Arizona, most often, closing documents are signed a few days ahead of the scheduled closing day with a mobile Notary service provided by the escrow officer.

Once the money is wired out and all payoff funds have been sent, the escrow officer will send the deed to Maricopa County for recording.

If you are receiving funds from the transaction, you can elect to either have the funds wired electronically to an account at your financial institution, or 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 purchaser left in an obvious place within the home. Typically, these items are left behind in a kitchen drawer.

Once the County acknowledges that the transaction has taken place, they will record the deed into the new homeowners name, certify it with the title company, and keys are then ready to be released.

That’s it! You’re all set! Congratulations!

Please browse and window shop as anonymously as you like, for as long as you like. When we do connect, my goal is to be a welcomed guest on the phone or in your home. I apply no pressure at all and you will never be hounded. Whatever form of communication works best for you, will also work for me. Feel free to text, call, email or request a zoom meeting with me. I do not use auto-text responders and your privacy is 100% protected. It will be my honor to help you.

Email: Kurt(at)kurtmboyd(dotted)com | Text Direct: 480.203.3704

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