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"After an unpleasant experience with a previous agent I called Shawn from The All in Team. It was like night and day! Shawn answered all of my questions in a timely manner and despite the slow market he was confident we could get my house sold - and he did. Shawn was on top of his game throughout the whole process. The next time I am selling or buying a home I am going directly to the The All in Team."
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Closing or Settlement >As Closing Approaches
If you are selling a house that is under contract and scheduled to close in a few weeks, what can you do to make the transfer of ownership as easy as possible for you and your buyers?
Keep in close contact with your real estate agent so that you will know if there are any changes in the closing schedule. On the day the property changes hands, your house should be empty, clean and ready for the buyer. Contact all of the utility companies to let them know that you are moving and give the service company the buyer's name (the buyer must follow up with calls to confirm). Don't turn off the gas or electricity because the buyers need to confirm that the appliances are in working order. Let your insurance company know ahead of time that you are selling the house and arrange for your coverage to be transferred to your new home. The most important thing is to start the process well in advance in order to avoid any last-minute complications.
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| Q |
What does the abbreviation PITI stand for?
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| A |
Principal, Interest, Taxes and Insurance are the four major items included in a monthly mortgage payment. |
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