Category: Closing as the Seller
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Is your real estate transaction failing?
Reader Question: Is our transaction failing? How many days before the scheduled closing, does the buyer’s agent have to present us with the final “letter of commitment?” We want to firm up our plans. Monty’s Answer: The first place to look for your answer is the contract. Each state has its laws and forms, so…
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Three explanations for shocking HOA exit fee
Reader Question: We are in the closing process of selling our home. We just learned from our agent that the title company received an invoice for eleven hundred dollars from the company that manages our homeowner association (HOA). This is a shocking HOA exit fee. We checked around with friends that have moved out of…
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A successful home seller closing
Many real estate transactions end in water-cooler conversations. The closing takes place, but not on the date planned, or money requirements require changes, or the seller took the washer and dryer; or dozens of other possibilities. Ensuring a successful home seller closing is attainable. Many real estate closings take place on time and as agreed.…