Thank you for joining me for another episode of the Get Me Ready to Sell Podcast. In this episode, we will be discussing the process of closing a real estate deal. The closing is when ownership of the property is transferred from the seller to the buyer. While the specific steps may vary depending on the region, the ultimate goal is the same: to successfully take possession of the property. It is important to partner with professionals, such as real estate attorneys or title companies, who can guide you through the specifics of the closing process in your area.

• 2:00 - What is the Close?
• 3:42 - #1: Open an escrow account
• 5:57 - #2: Title search and insurance
• 8:30 - #3: Hire an attorney
• 10:04 - #4: Negotiate Closing Costs
• 11:06 - #5: Complete the Home Inspection
• 12:22 - #6: Get a pest inspection
• 12:54 - #7: Renegotiate the offer
• 14:32 - #8: Lock in your interest rate
• 15:45 - #9: Remove contingencies
• 18:51 - #10: Meet funding requirements
• 25:49 - #11: Final Walkthrough
• 27:22 - #12: Sign the paperwork

The closing process in real estate involves transferring ownership of the property from the seller to the buyer. While the specific steps may vary depending on the region, it is important to partner with professionals who can guide you through the process. Whether you are a seller or a buyer, understanding the closing process is crucial to successfully completing a real estate transaction.