Closing Transaction - Seller Form

Closing Transaction - Seller Form

Seller's Guide to Closings

Congratulations! Let's get started.

We need the complete information below as soon as possible in order to meet closing deadlines.

FAILURE OR DELAY IN PROVIDING THIS INFORMATION WILL CAUSE A DELAY IN CLOSING.

We understand selling your home and moving is a very stressful time in a person's life. In order to serve you better and reduce stress, we have compiled this handy guide to aid you with your closing process.

Please arrive early for your scheduled closing time, failure to arrive on time will delay both your closing and others. This is extremely inconsiderate for other individuals trying to sell their homes and will cause unnecessary stress among the parties. If our schedule is clear and both parties are present, we may be able to start your closing early and finish the exciting process of selling your home ahead of schedule.

The Seller(s) will need to bring a valid government issued ID to closing such as a driver's license or passport. We will need to make a copy of it for the file upon your arrival. It is important the the ID is not expired.

MONEY:

At the closing, the Seller(s) will have the option of receiving their funds by either a wire or a check. Disbursements made by wire are faster, however, your bank may charge you for use of their wire transfer service. If you would like us to wire the funds to you, please bring your account information with you to the closing.

If the Seller is required to bring money to closing, wires are preferred, however we can accept funds according to the schedule below:

WE DO NOT TAKE PERSONAL CHECKS

$1.00 - $4,999.99 - a wire or cashiers check is required (no personal checks allowed)
$5,000.00+ - WIRE TRANSFERS ONLY

We will send you the proper wiring instructions for your funds if you need to wire money into our escrow account. In order to protect you from wire fraud, we ask that you call and confirm all wiring instructions at the bank when initiating the wire transfer.

Please notify our office immediately of any of the following applies:

• If the Seller cannot attend closing- a Power of Attorney or a mail out can be arranged at an additional charge in advance of closing.
• If the seller(s) are divorced or in the process of getting a divorce.
• If one or more owners of the property are deceased -we will need a copy of the death certificate and probate information in advance of the closing.
• If a seller’s name has changed since the purchase of the property.
• If the title to the property is in the name of a Trust- we will need to see copies of the Trust in advance of closing.
• If the property is in foreclosure or the seller(s) have filed bankruptcy.
• If the seller is a Corporation or LLC- we will need to see the Articles of
Incorporation or the Operating Agreement in advance of closing.



IT IS IMPORTANT THAT ALL APPLICABLE INFORMATION BE FILLED IN COMPLETELY TO ENSURE A SMOOTH CLOSING.

PLEASE FEEL FREE TO CONTACT THIS OFFICE SHOULD YOU HAVE ANY QUESTIONS REGARDING THE ABOVE INFORMATION.