Closing the Sale

Closing the Sale

For sellers, closing day is payday. However, in order for your home to be officially sold, there are a few remaining things that you need to do:

 

  • Pay closing costs– these are the fees you need pay by or on the closing day. signatureThey include the real estate agent’s commission, legal fees and disbursements, utility and property tax adjustments, mortgage prepayment or discharge fees and more
  • Hire a lawyer– the costs above come with a mountain of paperwork. And when there’s a lot of money on the line, you want to make sure you hire a professional to take care of those complex legal documents.

Now, it’s time for the final step…

Article courtesy of Royal LePage website http://www.royallepage.ca/realestate/info-and-advice/seller-resources/