Many people have questions related to the closing process when selling a house. Here is a list of common questions and answers sellers want to know about how closing works.
Do I have to come to the title office?
No, you can sign anywhere a notary is available. We can also arrange for a mobile notary service to meet you at work, home, or anywhere that is convenient for you. You do not even have to be in the same state for this to be arranged. (The mobile notary is usually scheduled a few days before the closing; you will need to mention your need for this service to the title company).
What do I need to bring with me?
You will need to bring a photo ID for every person who needs to sign.
Who must sign?
Every person listed on the Deed/Title. The title company will let you know ahead of time who will need to be present for signing.
Will both buyer and seller close together?
Due to scheduling restraints, the buyer and seller most likely will sign at the same time, which is actually good news for you. It means the closing can be arranged around your schedule!
How do I get paid?
A bank-to-bank wire transfer is the best way to receive payment. However, if you prefer you can still receive a check with your funds on it. If you choose a wire, it funds once both parties have signed. If the final person to sign does so after the daily wire cutoff time, then it will fund the next business day. (Your Bank Routing Number and Account Number are needed for this.)
Keep in mind that if you have signed with a mobile notary your documents will be sent overnight via FedEx to the title company the next day. The transaction will not fund until the day after those documents have been finalized.
How long does closing take?
A closing usually takes just 15 minutes. The escrow agent will go over the documents with you as you need to sign them. Once you have signed everything, you are all done!
If you would like to discuss this in more detail, please contact me at: