Close The Deal
The hard part is behind you, but there are a few more steps before you can move in to your new dream home.
Up to five days before you take ownership of the property, the final walk-through will be conducted at the home. The final walk-through is intended to confirm that the property is in the same condition as when the purchase contract was accepted and also to confirm that any negotiated repairs are satisfactorily completed.
This is also usually a good time for the buyer to ask questions on how various items function including the pool/spa, sprinkler systems, security systems, etc.
Utilities and Services
You will have to change the utilities and services of the house over to your name just before close of escrow to avoid interruption in service. I will provide you with a list of the primary local utility and services companies to make this step easier.
When your transaction is nearly completed, the escrow company will provide you with a “closing statement” that details all of the financial details of your home purchase. We will go over this with you to ensure its accuracy. At the last step in the buying process, the escrow company will have you sign the final documents, including loan documents (“deeds of trust”). When everything is complete, the title company will record the transaction for you at the County Assessor’s Office, and you will become the official new owner.