| "Closing" refers to the
meeting where ownership of the property is legally transferred to the buyer. Your real
estate agent will be present during the closing to help explain the process and forms to
you and make sure everything goes as planned. By being present during the closing, he or
she can mediate any last minute issues that may arise. As the seller, you will need to be prepared
to give over any necessary documentation regarding the property and, depending on the
arrangements made during negotiations, you may be required to have done something specific
in order to close. Be sure to read all the documents and ask any questions you may have.
It is important that you understand every document you are signing. |
