Ninth Inning - Closing


Pitch 1 - Walk Through

The importance of being out. As the seller it is best for you to be completely out of the house. That way the buyer and their agent can walk through the house making sure everything is in good shape. If you cannot be out, there is a form you should sign. You may also be responsible for a per diem for the time you are in after the closing. A good rule is...be gone.

Pitch 2 - Closing 

Pitch 3 - Disbursement of funds. 

Checks will be disbursed after the deed is recorded. Good to remember if you are planning back to back closings. Remember planning ahead allows for you to make the first closing, the deed to be recorded, double-back to pick up check and on to the next closing.

• Real Estate Pros

Pinch Hitters

The Surprise
The buyers do a walk through and decide they don’t like the carpet. This may be a phantom issue and is best left to agents to work out.
Always be prepared to walk away from any transaction. Quite often a willingness to walk sheds real daylight on the situation.

The Job
The seller looses their job closing week and can’t qualify for a new loan without employment.
Do they have to go through with the closing?
Yes.

The Qualifier
The buyer looses their job closing week and can’t qualify without employment. There are many mortgage products in the marketplace and this is the time to do serious research. Sometimes loans can be made depending on credit history and down payment funds.

 
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