Important
Questions
Every Buyer & Seller Should Know
Will You Make Sure I Understand What's Going To Happen Before It Actually Happens?
How Much Money Will I Need and When?
The sale process includes many pitfalls which could be very costly to a buyer (or seller) if they don't have an agent looking out for their best interest and paying careful attention to the transaction.
THE SETTLEMENT
- Review a copy of the settlement statement prior to settlement to make sure everything is correct.
- Inform the buyer of how much money they will need to bring to settlement (in the form of a certified check).
- Arrange and attend a final walk-through of the property to make sure the seller has done everything required under the contract and that no new damage has been done to the property.
- If any provision of the contract has not been met, discuss with the buyer all their options and work towards the solution most acceptable to the buyer.
- Remind buyer to switch utilities over into their name as of the date of settlement.
- Assist the buyer in finding contractors for anything they may want to do to the property after settlement.
- Attend the settlement or if for any reason I can't, make sure a qualified agent is present.
- Make sure that any issues that come up at settlement are settled to the buyer's best possible advantage.
- Request that money be escrowed by the seller for any unfinished repairs or other unresolved contract issues that may subject the buyer to an additional expense.
- Ensure that any issues left unresolved at settlement are addressed in a timely manner.