Closing on a house is the final step before the house legally becomes the buyer’s. The process involves the buyer signing off on the deal and transferring the last of the funds to the seller. At the end of close, the deed will be recorded, and the home will then become the buyer’s.
In California, an escrow in California is officially closed the day the Grand Deed is recorded in the official records at the County Recorder’s office. When the deed is date-stamped by the County Clerk, Property ownership transfers from the seller to the buyer.
Sellers have obligations to fulfill under the sales contract of selling their home. Some seller’s requirements include:
Sellers can also consider doing the following, though not obligated to do so:
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