The House Closing Process – What Sellers Need to Know?

Selling a house can be stressful and daunting, especially for those who have never been through the house closing process before. The closing process refers to the final steps involved in transferring ownership of the property from the seller to the buyer. It is important to understand what to expect during this process as a seller. In this blog, we’ll cover the essential information you need to know about the house closing process as a seller. Understanding the Closing Costs The closing costs refer to the fees associated with the sale of the property. Both sellers and buyers have to pay closing costs. As a seller, it’s important to factor in these costs before putting your house on the market. Some common closing costs sellers must pay include real estate agent commission (If you are working with Real Estate Agent), title insurance, transfer tax, and attorney fees. Preparing for the Title Transfer As the seller, you have to ensure that the title of the property is clear o...