Prepare to Close

While it’s tempting to focus on your next move, your Keller Williams agent is likely to remind you that until the closing is over, you have some final responsibilities as a seller.

What should I do before the closing?

Before the closing day, you’ll need to:

  • Take care of repairs required by the contract.
  • Keep all receipts and invoices and before-and-after photos of repairs.
  • Gather all appliance manuals and warranties for your buyers.
  • Hire a mover.
  • Cancel all utilities for the day after you move.
  • Cancel all utilities for the day after you move.
  • Change your address.
  • Review all settlement documents, especially the settlement statement.
  • Check the property survey to be sure it’s correct.
  • Clean the house.
  • Prepare for the buyers’ final walk-through
What can I expect when closing?

Sellers may or may not attend the closing, so you should consult your KW agent and the settlement company to decide what’s best. You can sign all documents before the official closing. Sellers’ expenses, which are deducted from the proceeds of the sale, include:

  • Final balance on your mortgage
  • Real estate commissions
  • Prorated property taxes, utility bills, homeowner’s insurance, and homeowners association dues

After the closing, you’ll:

  • Receive the proceeds from the sale, usually by wire transfer.
  • Cancel your homeowner’s insurance “post-close” – to make sure you’re covered on that day.
  • Save your closing documents and home improvement records for taxes.
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