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Close of Escrow: What to Expect on Closing Day in San Antonio

Congratulations! You’ve made it to the final stage of selling your home. But before celebrating, there are a few final steps to complete. Tami Price and her team will guide you through each of these crucial steps to ensure a smooth and successful close of escrow on your San Antonio home.

 

Final Walk-Through Inspection

 

The final walk-through is typically scheduled the day before or the day of closing. While mostly a formality, this step allows the buyer to ensure that everything is in the same condition as when they last saw the home. The buyer will also confirm that any agreed-upon repairs have been completed and that no unwanted items have been left behind. Tami Price will coordinate with the buyer’s agent to ensure the walk-through is conducted seamlessly, leaving no room for last-minute surprises.

 

Canceling Home Services and Utilities

 

Once the sale is finalized, you’ll need to cancel or transfer your home services and utilities. Tami Price will provide you with reminders and a checklist to ensure you take care of this after closing. This includes utilities like electricity, water, gas, and any services such as cable or internet. By timing these cancellations correctly, you can avoid service overlaps or gaps for both yourself and the new homeowners.

 

Be Prepared for Last-Minute Issues

 

Even at the closing stage, unexpected issues can arise. Whether it’s a sudden breakdown of an appliance or a delay in the buyer’s loan approval, Tami Price has the experience and resources to manage these situations effectively. If anything happens at the last minute, you can rest assured that Tami and her team will step in with a solution, keeping the process on track and stress-free.

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Closing Day: What Happens

On closing day, all parties—buyers, sellers, and the closing agent—will meet to finalize the transaction. The closing agent will provide a detailed settlement statement that outlines all financial transactions related to the sale. Both the buyer and seller will review and sign this statement, certifying its accuracy. Tami Price will ensure that you fully understand the document before signing.

 

If you’re unable to attend the closing in person, Tami can arrange for a remote closing or alternative arrangements, depending on your situation.

 

Once everything is signed, you’ll hand over the keys to the buyer, along with any additional documentation or important information they may need regarding the home.

 

Receiving Your Funds

 

After the closing, you will receive the proceeds from the sale once the transaction has been funded. This process can typically take 3-4 hours. You can choose to have the funds wired directly to your bank account or receive a check. Tami Price will help you coordinate this with the title company to ensure you receive your funds in the manner you prefer.

 

Closing day is an exciting moment, and Tami Price will make sure it goes smoothly, with every detail covered. From coordinating the final walk-through to ensuring you receive your proceeds; Tami will be with you every step of the way.

 

Ready to sell your San Antonio home? Contact Tami Price today to get started!

READY TO START HOUSE HUNTING? 

Tami Price

Agent | License ID: 572393

+1(210) 620-6681 | info@tamiprice.com

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