Buying Roadmap :: Salt Lake City Real Estate

Step 7 :: Close the Deal

This is the culmination of the buying process. You have already started packing, the movers are scheduled……Congratulations! You now own a new home in Salt Lake City Utah.

Final Walk-Through Inspection
The same day that you are scheduled to close on the property, we will visit the Salt Lake City property together one last time. This final visit ensures that the property’s condition meets your expectations compared to its condition when you made your offer. We will have a checklist for you to note any last minute details for the seller to attend to.

Home Services and Utilities
You will need to change the services and utilities into your name. We can provide you with a list of phone numbers to call the local utilities and services providers, to put everything under your name as of the date escrow will close.

If Things Get Complicated
Sometimes everything doesn’t go according to plan. This is when you really need an experienced Salt Lake real estate agent. Maybe something doesn’t work in the new house, or the seller can’t move to their next home as scheduled. There are a lot of variables. We’ve been through this countless times and have a number of strategies and options to smooth out this transition as much as possible for you.

Close of Escrow
When your transaction is nearly completed, the title company will provide you with a “closing statement” that details all of the financial details of your home purchase (i.e., pro-rations on property taxes and all the transaction-related costs). We will go over this with you to be sure it is accurate. At the last step in the buying process, the title company will have you sign the final documents, including loan documents (“deeds of trust”). When everything is complete, the title company will record the transaction for you at the County Assessor’s Office, and you will become the official new owner.

Feedback
A good Salt Lake City Realtor knows there is always room for improvement, and will ask for your written feedback once you’ve had a chance to settle into your new home.