A few days before the closing date, the buyer should get the Clear to Close from his or her mortgage lender. This means the buyer’s mortgage has been approved and the title company can proceed with the scheduled closing date. We will typically receive a settlement statement from the title company at this time as well, to preview the closing fees, mortgage payoffs and disbursement of sale.
The buyer’s Realtor will usually schedule a final walk through of the property. This usually takes place the day before closing and is a chance to make sure the property is still in the same condition it was during the inspection and that we have fixed any agreed upon repairs. In addition, all attached items such as shelving, light fixtures, curtain rods, etc. are required to stay and transfer with the property so the buyer checks that those items are still there as well.
