Seller Tips for a Timely Closing: Ensure a Smooth Process

Seller Tips for a Timely Closing

Congratulations! Your house is under contract! Here are a few tips to help you close it on time and ensure a smooth and efficient closing process.

1. Mortgages and Equity on the Property

Provide Information: Information including loan(s), payment address, and home equity lines is required so the closing attorney can pay off all accounts. Ensure all mortgage and equity details are readily available to avoid any delays.

2. Buyer Protection Plan

Order Home Warranty: If the seller(s) agreed to pay for a home warranty on the contract, it should be ordered prior to the closing. This ensures the buyer has the necessary protection and the process moves forward smoothly.

3. Maintenance Contracts

Handle Existing Contracts: Find out what happens to your maintenance contracts if you have some. Provide the closing agent with a copy of each service contract that buyers want to assume. This helps in the seamless transition of services.

4. Bring Your ID(s)

Identification Required: Driver’s license(s) and social security number(s) are required at closing. Spouses might be required to sign closing documents and the deed even though they do not appear on the deed.

Acceptable ID(s): Driver’s license or Non-driver ID issued by any State; United States Passport, Valid United States military ID; Foreign Passport stamped by USCIS.

5. Foreign Investment in Real Property Tax Act of 1980 (FIRPTA)

Know FIRPTA Requirements: If you are not a United States citizen, you might be subject to a tax (15% of the amount realized). Understanding FIRPTA requirements is crucial to avoid unexpected tax liabilities.

6. Mail-Away

Provide Contact Information: If you do not attend the closing, provide your address and contact number to ensure all necessary documents reach you in time. This helps in completing the process without your physical presence.

7. Schedule Movers (if needed)

Plan Your Move: Plan ahead and schedule a moving company in advance if you do not want to move yourself. Early planning ensures you have the help you need when you need it.

By following these tips, you can help ensure a smooth and timely closing process. At Auburn International Real Estate Group, we’re committed to making your home selling experience as stress-free as possible. If you need further assistance, feel free to reach out to us.

Auburn International Real Estate Group – Your Trusted Real Estate Partner

* The following links provide valuable information supporting the content of the post.

For detailed information on FIRPTA requirements, visit the IRS FIRPTA page.
Learn more about home warranties from Home Warranty of America.
For moving tips and services, see U-Haul

To learn about the importance of maintaining your HVAC system, check out our HVAC Maintenance Tips.

(卖房方)及时交房的小窍门

卖掉心仪的房子是一件令人开心并值得庆祝的事情，但如果没有提前做好相关准备，您的过户交接可能会被推迟。以下是一些帮助您顺利交房的小窍门，确保整个过程无缝进行。

房屋贷款以及房产净值

在交房前，您需要向过户律师提供您的贷款信息和房产净值信息。这样可以确保过户律师能够准确处理相关信息，从而避免因信息不足而导致的交接延迟。提前准备好这些资料，并与律师沟通确认，能有效提高过户效率。

房屋保险（HOME WARRANTY）

如果您已经在合同中同意给买房方购买房屋保修保险，请务必及时告知您的过户律师。一般情况下，您的房产经纪人会代您购买保险，然后将账单交给过户律师。这一步骤能够确保买方在交房后立即享受到保险保障，避免因为保险问题引发的纠纷。

房屋维护合同

很多房主在房屋出售时，可能已经与各种服务公司签订了房屋维护合同，如白蚁防治、虫害控制、草坪护理等。在交房前，您需要了解如何取消这些合同。如果买方愿意继续使用这些服务，您需要提供相关资料，并与买方沟通确认。这不仅能让买方放心接手房子，还能减少您的后续麻烦。