MOVING IN

Completing the Process: Final Walk-Through Inspection

As you approach the finish line, there's a crucial step to undertake:

Final Walk-Through Inspection

• This marks your last chance to assess the property before finalizing the purchase.
• Ensures that all contingencies stipulated in the Purchase Agreement are fulfilled.
• The property should be vacant of the seller's belongings.
• Typically scheduled on the day before or the actual closing day.

This thorough inspection provides peace of mind, assuring that the property aligns with your expectations and contractual commitments.

Finalizing the Transaction: The Closing Stage

As the process reaches its culmination, the closing stage is pivotal. Here's how it unfolds:

Closing Process:

• Upon satisfaction with the inspection, the closing phase commences.
• You, the seller, and the closing representative convene to finalize the deal.

Settlement Agreement Signing:

• All parties sign the settlement agreement, outlining financial transactions.
• This ensures accuracy and alignment with the process.

Loan Documents and Funds:

• Your loan documents are signed, finalizing the financial arrangement.
• You'll deposit the remaining down payment and closing costs.

Funds Handling:

• If funds are required, choose between a certified bank check or electronic wire transfer.
• Funds are securely deposited until the process concludes.

Recording the Deed:

• After completing all necessary steps, the deed is recorded at the County Recorder's office.
• This signifies the official transfer of property ownership to you.

This momentous step marks your official ownership of the property, closing the chapter on an intricate and rewarding journey.