Manage Closing Like a Pro: The Home Closing Checklist Guide for Sellers
You must confirm that you have completed everything that should have been done. From negotiated terms to proper seller procedures when you settle it with a buyer in your home or delete it for transfer. There are particular things that every responsible seller should do, like if you make a deal closing checklist, then you can make sure you finish them all.
Each step up to the closing point has been professionally handled and necessary; the closing of your home represents the legal displacement of your homeownership. So, what is your next action? What exactly you need to do before, during, and after the closing actions is a closing checklist.
What to Do Before Closing Is Make A Closing Checklist Outline
A few days before closing on the house, you must finish preparing or checking your closing checklist carefully.
1. Protect all your documents
Keep all seller disclosures include the buying agreement and the closing statement. Sometimes the number of documents required when selling a house causes the possibility of materials being scattered. Keep it in one place because you might need it again.
2. Clean the house as a whole
A closing checklist requires you to clean your entire house even though your home will not be yours anymore. If you are unable to clean it by yourself, you can hire a professional cleaning service. Give a good impression to the buyer so that the buyer is more sure to buy your house. Leave your home like what you want when you buy a new house.
3. Make Sure To Turn Off All Switches and Close All Valves
Turn off shut-off valves to sinks, the water heater, refrigerator, dishwashers, washing machine, and toilets. Leave a note if there is something so that the buyer does not need to call a handyman. Please turn off all switches for fans or lights, and it keeps the seller from paying for any electricity until the account is switched.
4. Close Account And Cancel Your Insurance
Although sometimes not included in the closing checklist, but these actions must be done. Wait until you know the transfer of rights is officially out, to contact your insurance agent. You must receive a prepaid premium refund for your homeowner’s insurance. Cancel utilities and stop advertisements about your home. Make a list of telephone numbers for each utility company, and remember that not all services are always paid monthly, so you may have to pay balances, refund money, or can transfer the balance to your next home.
5. Change your current address
Don’t forget to let your friends or anyone else know where you’ve moved. Remember, you might have to give some entities directly to tell them your new address because not all emails can be forwarded.
After completing a closing checklist, all you have to do is get ready to move to your new home. Relax! You’ve made it.