What is involved
with closing the sale?
On or before closing day, lawyers
for the seller and the buyer will set up a trust account
for the money coming from the sale. This money will
be used to pay off any mortgages you owe on the property,
after which you receive the balance.
Your lawyer should also ensure that
you receive compensation for pre-paid expenses, such
as property taxes, electrical or gas bills, or, if applicable,
heating oil left in your tank.
You will give the property deed or transfer documents,
mortgage details, and keys to your lawyer. Your lawyer
will register the mortgage discharge and transfer the
deed at closing.
You will also pay the listing brokerage company their
compensation (your lawyer can arrange the payment from
the proceeds of the sale).
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In
this section, discover the steps that will prepare you to look
for a home. I provide details on everything from questions to
ask Me, to getting your finances organized.
House
hunting begins at home... with planning. Before you grab
the road maps and hit the streets, you need to know how
expensive a house you can afford to buy.
Moving
is definitely not easy, but this section offers tips to
make the whole experience easier, less trying, and less
expensive. 
