Moving In

Closing Day

Once all signed documentation is received by the escrow officer and reviewed as complete, the title company will then request loan funds from your lender (if there is a loan), or will need to receive your wired funds and/or cashiers check for your down-payment amount, or for the full amount if you are paying cash.
Once signed docs AND all funds are received, the escrow company will release the file to the County Recorder’s office for final recording and ESCROW WILL CLOSE!

Our agent and/or the escrow officer will keep you posted throughout this process, but nothing makes us happier than calling to say, “Congratulations! We have officially closed escrow!”

At that point, we can then hand over the keys & access to your new property!
A few other things to remember to do prior to closing —

Final Walk-Through Inspection.

More of a formality than anything else, the final inspection takes place 1-5 days prior to the day of the closing. You will visit the property to verify that all is in working order, everything is the same as when you last viewed the property, that there are no extra items left behind, and that everything included in your purchase is still at the property.

Home Services and Utilities.

We will provide a list of useful numbers for the activation of home services and utilities so that you can call in advance to have everything set to go into your name as of the day we close. We also always recommend you have the property re-keyed.

Be Prepared.

We are ready to assist you should an unforeseen glitch pop up, even at this last stage. Something at the property breaks down, or some other minor detail – no need to worry. We have encountered these problems before so we know how to handle them efficiently and in a stress-free manor. We can recommend contractors, home warranty companies & more!

Homeowners Insurance – If you are obtaining a loan, you will be required by your lender to purchase a certain amount of insurance on the property. The value will depend on the lending institution and the purchase price of the property. Be sure to factor into this quote, any special insurance required based on the Natural Hazard Disclosure, such as flood insurance, etc.

Closing.

The Escrow Officer will furnish all parties involved with a settlement statement, which summarizes and details the financial transactions enacted in the process. You and the seller(s) will sign this statement, as well as the closing agent, certifying its accuracy. If you are obtaining financing, you will have to sign all pertinent documentation (aka Loan docs) required by the lending institution. If you are unable to attend the scheduled closing, arrangements can be made for you to sign with a mobile notary that comes to you. If you are bringing funds to the transaction, you can elect to either have the funds wired electronically into the closing agent’s escrow account, or bring a certified bank check to the closing in the amount specified on the settlement statement. All signed documentation is returned to the lender (if there is a loan), or to the title company for final review prior to recording. Please note – the day you sign is NOT the day you move in. Typically you must sign at least a day, but most often two to three days, prior to officially closing escrow.