Selling Your Home: Step 7

A good real estate lawyer is key to a smooth closing: John Pearce, Royal LePage Atlantic

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:

Hire a lawyer: Real estate transactions 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. Feel free to ask me for a recommendation. I can refer you to a selection of excellent lawyers who specialize in real estate in your area.

Pay closing costs: These are the fees you need pay by or on the closing day. They include the real estate agent’s commission, legal fees and disbursements, utility and property tax adjustments, mortgage prepayment or discharge fees and more. Your lawyer will handle all of these transactions on your behalf.

Now, it’s time for the final step… 

Next Up: The Big Move