Selling a Home
You’ve already been through at least one closing so you know the general process. However, in case you’ve forgotten, the process is as follows:
- You hire a real estate broker to list your property;
- You accept a Buyer’s offer;
- Your Real Estate Broker sends us a Memorandum of Sale which provides us with all the terms;
- You provide us with your existing deed, survey, prior title work and your current mortgage statement;
- We prepare a contract and send it to the Buyers’ attorney;
- The Buyers sign the contract and gives us a downpayment check which is deposited into our escrow account;
- You meet with Meyer & Spencer to review and sign the contract;
- We return the contract to the Buyer and deposit the downpayment check;
- We calendar the mortgage commitment date and follow up with the status of Buyer’s loan application;
- We receive the title report ordered by Buyer and work to clear any title problems;
- We order a payoff letter for your mortgage payoff;
- We coordinate the scheduling of the closing;
- We calculate the closing adjustments;
- We attend the closing.
