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How to handle the closing? Expand / Collapse
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Posted 10/19/2006 12:25:58 PM Post #179
 

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The Buyers wanted a local Real Estate agent to handle the close and they did at their attorney's office.
Posted 10/25/2006 12:45:06 PM Post #224
 

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We kept the process very simple and had an atty draw up the deed, transferring it to the new owners.

Then we all met at our bank where the note was held. The banker went over the deed, explaining to the new owners who was responsible for filing the deed and paying the transfer taxes. He notarized the signing of the deed by both couples. He then accepted payment to pay off the note and deposited the balance into our checking account. Next the banker even went so far as to explain to the new owners to transfer all utilities to their name and to make sure they had insurance that day by midnight. Most banks do not charge for this service.

Posted 11/1/2006 1:35:32 PM Post #264
 

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They were pre-qualified.
They put earnest money down within the week.
We went to the Title Co. a week or so later and had the contract drawn up and we all signed.
We could have closed in 3 weeks, however, we all agreed on 4 weeks.
Very smooth transaction.
Posted 1/2/2007 4:02:47 PM Post #472
 

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Once we closed the sale our title company did the final paper work.
Posted 3/12/2007 12:20:48 PM Post #844
 

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A local attorney drew up the papers, he payed me and it was over.
Posted 4/2/2007 10:32:17 AM Post #979
 

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My sister owns a title company, so she took care of everything.
Posted 4/4/2007 11:53:14 AM Post #1006
 

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Obtained local legal Real Estate Attorney.
Posted 4/4/2007 11:57:19 AM Post #1009
 

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Our buyer's agent chose the escrow company. After that, we worked with the escrow company.
Posted 4/4/2007 12:18:27 PM Post #1015
 

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We offered to pay ½ the closing costs and buy a 1year home warranty ($350).

We were offered full asking price and because of our competitive rate to the buyer’s realtor (2.8%) she handled almost everything.
Posted 4/9/2007 3:04:18 PM Post #1045
 

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I contacted a lawyer to handle the closing.
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