Close of Escrow
Closing Day
If you have made it this far, it is almost time to celebrate, but there are still a few more items to check off until your property is officially sold. Check with your agent to clarify all items are in order, so you can tie up these loose ends. We will make sure everything is ready for a seamless and stress-free closing day.
Final Walk-Through Inspection
Either the day of closing, or the day before, the buyer will have the final walk-through inspection. This is to verify the property is still in the condition outlined in the Purchase Agreement, there are no new issues, and no items have been left behind from the seller.
Cancel Home Services and Utilities
After the closing, we will provide a helpful list of numbers for the cancellation of home service and utilities.
Be Prepared
Even during this last stage, unexpected issues may arise, but do not worry. We will help you through any unforeseen problems. If the buyer’s loan does not process on time or an appliance on the property breaks, we know what to do. We have encountered these glitches before, so we know how to handle them effectively. We will get you back on track in a timely and stress-free manner.
Closing
After the final inspection, you, the buyer, and the closing agent will sign the settlement agreement, which details the financial transactions enacted through the process to certify accuracy. If you are unable to attend the closing, then you can make arrangements depending on the circumstances and notice given to all parties. If you are receiving funds, you can have them wired electronically to an account at your financial institution, or you can have the buyer issue a check at your closing. Make sure to arrange to have all property keys and other pertinent information for the buyer at the closing. Once everything is signed, you have officially sold your property.
When you are ready to get started, call us at 217.525.2288 or complete this short form and one of our agents will be in touch.
When You Choose Springfield Real Estate...
Marketing
We offer our clients several options when it comes to marketing their house. Everything from traditional marketing practices to custom websites, videos and social media exposure. By utilizing our network of contacts, clients, agents and brokers we make sure everyone knows about the sale of your house.
Experience
Most of our agents have been in this business full time for over 10 years. These professionals are time-tested and experienced in all types of real estate transactions. Isn’t it smart to put that experience to work for you?
Honesty
When we are honest with homeowners, the homes we list sell rapidly. Why? We advise you of minor repairs or cosmetic work which will greatly enhance the appeal of your property. Our experience in the current area market will help in pricing your home to sell – at the right price for you.
Security
Our agents work to pre-screen and pre-qualify buyers so that you are not bothered by strangers and other individuals who may not be qualified to purchase your property.
Negotiation
Your Springfield Real Estate agent will assist you in negotiating with potential buyers, often getting a better price or terms for your property. In addition, should problems arise between the time an offer is accepted and closing, your experienced agent will be your guide through a maze of complicated paperwork and possible pitfalls.
Professional Closing Services:
Let our qualified staff take care of the after-sale details, so you can concentrate on the more important things in your life... your next home! Our professional closing services include:
- Prepare Sales Contract and Addendums
- Deposit Earnest Money in an Escrow Account
- Order Title Work
- Coordinate Inspections
- Review Closing Statements
- Attend Closing
What Price Range Can I Afford?
Resources For Springfield Home Buyers
The journey to homeownership starts by understanding how much you can afford. One major thing to consider is your down payment, if any. Many consumers believe it's impossible to buy a home without at least 20 percent down. But thanks to various government-sponsored programs, many people can now buy a house with as little as 3.5 percent toward a down payment. Veterans of the U.S. military have zero-down programs available.
Mortgage CalculatorFind a House You Like?
Let us know the best day/time to try and schedule a showing for you and we will try to get the viewing scheduled for that day and time. We will also reach out to you to discuss the home further.
Schedule a ShowingFind a House You Like?
In The Current Housing Market?
Don’t like forms? Give us a call at 217.525.2288 to discuss!