The Closing
Now it’s finally time for the closing of the sale. There you will sign the necessary legal paperwork and transfer ownership to the buyer. Also present at the closing will be several other parties, including:
- Attorney/closing agent
- The buyer and seller
- REALTORS from both the buyer and the seller
- A representative of the lender
Closing documents the seller will need to complete the sale include:
- HUD-1 Settlement Statement
- Certificate of Title
- Loan Payoff
- Statement of closing costs
- Mortgage
Once everything is signed, the seller is cleared of ownership of the house. For help with preparing for the closing of a home sale, contact your local REALTOR.