A real estate closing marks the final step in transferring property ownership from seller to buyer. At closing, a neutral third party—usually a title company or real estate attorney—oversees the process. The title is transferred, the seller receives the sale proceeds, and the buyer signs the mortgage note. This process can take several weeks, depending on various factors.
While real estate closings can feel overwhelming, preparation streamlines the experience and reduces stress. Use the checklist below to stay organized and avoid last-minute surprises.
Pre-Closing Checklist
- Completed and Signed Sales Contract (including all addendums, disclosures, counteroffers, and compensation agreements)
- Buyer’s New Lender Contact Information
- Homeowner’s Insurance Contact Information
- Marital Status of Buyer and Seller (spouses must sign closing documents)
- Payoff Information for Existing Mortgages/Liens (loan number, Social Security number, phone number)
- Prior Title Insurance Policy (if less than 10 years old, for reissue credit)
- Homeowner’s Association Contact Information
- Homebuyer’s Warranty
- Repair Information
- Termite Letter and Invoice
- Probate Estate Information (if seller is an estate)
- Trust Agreement (if property is held in trust)
Day-of-Closing Checklist
- Photo ID (state-issued driver’s license, state-issued ID card, military ID, or U.S. passport)
- Form of Payment for closing costs (typically a cashier’s check or wire transfer)
Preparation is your best defense against mistakes and delays.
Completing a real estate closing in Nashville can be intense, but reaching the finish line—whether buying or selling—is worth the effort. If you have questions about your closing or need help resolving an issue, contact Collins Legal, PLC. We’re ready to guide you every step of the way.
Getting Ready for a Closing? Contact a one of our real estate attorneys with our affiliate, Tract Title.
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