If you're going to be selling your home, you know that you need a real estate agent. You probably also know that you'll be working with a title company towards the end of the process. However, you might not realize that you also need to be working with a closing agent. Closing agents help tie up any of the loose ends that can complicate the sale of your home. If you're not sure whether or not you need a closing agent, read the list provided below. Here are just four of the ways that a closing agent can streamline the process of selling your home.
Draw Up Appropriate Documents
When it comes to selling your home, finding a buyer can be the easy part, especially when you consider the closing process. Once you find a buyer, the process of transferring the property begins. That part of the process requires quite a bit of paperwork and documentation. That's where the closing agent comes into the picture. Your closing agent is the one who will draw up all of the appropriate documentation for you and then gather all of the paperwork into one file. Handing this process off to a closing agent ensures that the process runs smoothly.
Provide Delivery to All Parties
Once the documents are drawn up and the file is complete, all parties involved with the transfer of the property need to receive copies. Without the right team members, the delivery process could take quite a while. That's where a closing agent comes into the picture. When you hire a closing agent, they'll make sure that the appropriate documents are delivered to all of the parties involved. They'll also provide official documentation when the deliveries are complete.
Obtain Party Signatures
After you and the buyers receive the official documents, you'll need to make sure that everything is signed. If any of the documents aren't signed properly, the entire transaction can be delayed or derailed. That's why you need to hire a closing agent. One of the benefits of working with a closing agent is that they'll obtain all necessary signatures for you. They'll also go over the documents to make sure that none of the signatures are missing and that everything is in order.
File Official Documents
Finally, once all of the documents have been signed, they'll need to be filed for processing. If you're working with a closing agent, they'll take care of the filing for you. That means you can rest easy knowing that all of your documents are in order and that they've been filed on time.
Contact a real estate closing agent near you to learn more.
Share6 June 2022
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