Seller's Closing Process

Congratulations on your sale. The next step is to retain the services of a Notary to prepare the closing documentation, payout any existing mortgages or lines of credit, and collect the funds on your behalf. Upon selling the property, please provide your Notaries contact information to your Real Estate Professional, and their office will send over a copy of the Purchase and Sale Contract for review.

You should fax or email a mortgage and/or line of credit statements for all mortgages that must be paid out in order for the Notary to obtain a Payout statement on your behalf.

The buyer's legal representative is responsible for preparing most of the paperwork, such as the transfer and seller's statement of adjustments. Once the paperwork is sent to your Notaries office they then prepare the final documents for you to sign, typically a few days prior to closing if not sooner.

When selling a home, the Notary will review the Purchase and Sale Contract and payout any existing Mortgages, and Lines of Credit.

If you are selling a Detached House, it is appreciated that if you have a survey available, to provide it to the buyer.