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Home Closing Process for Sellers

Preparation and processing of all necessary documents for the transfer of ownership are prepared by the attorney/settlement agent and completed at closing. Be sure to select an attorney/settlement agent experienced in title work and real estate settlements.

The attorney/settlement agent will examine the title and report upon its condition, conduct settlement in accordance with terms of the purchase contract and, if applicable, the letter of instruction from the lending institution. The attorney/settlement agent will also apply for mortgage title insurance for the lending institution if such insurance is required as part of the transaction and obtain an owner's policy of title insurance for the purchaser. If required, a survey of the property will be ordered.

Are you selling your Richmond area home, and have questions about the closing process? Contact Joyner Fine Properties—we will get your questions answered.

 

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