are here! The anticipation and
excitement has built and the end is near!
The property is about to be yours!
So let’s review the final steps to ownership.
The “Walk-Through”: A final visit to the property helps to ensure
that the property’s condition is as you expected it to be from the time you made
your offer. Signature Properties
normally does this a few days before you take possession of the property. Signature Properties will provide you with a
checklist to note any last minute details that the seller may need to rectify.
Utilities: Signature Properties will be reminding you to change all of the utility
services and billings to your name. We
will provide you with a list of companies and phone numbers to call.
“Murphy’s Law” says that not everything
goes as planned. This is when Signature
Properties shines again. There are too
many variables to list on this page that can become last minute issues, but
know that Signature Properties has a reputation for closing the deal. Whether something quit working at the last
minute or the seller is having unforeseen or uncontrollable issues in their
move out, Signature Properties will be there to smooth the waters with our
experience and know how.
Close of Escrow: Whoever is
closing the sale will provide you with a “closing statement” that details all
of the financial details of your property purchase (i.e., pro-rations on
property taxes and all the transaction-related costs.) Signature Properties will be there for you to go
over this documentation and make sure it is as we bargained. This is the phase in which you will sign the
final documents, including loan documents (“deeds of trust”, etc.). When all of the endorsements from all parties
to the transaction are complete, the title company will record the transaction
for you at the County
Assessor’s Office, and
you will officially become the new owner.
Signature Properties will coordinate with
the seller in order to obtain all entry devices for you such as garage door
openers, gate codes, alarm codes, keys and etc.
you are the proud owner of a new property!
You will normally get your recorded Deed of Trust in the mail from the
County in about two weeks after closing.
After you receive your Deed of Trust, you will need to go to the
Appraisal District office and apply immediately for any exemptions for which
you are entitled, i.e. homestead, over 65, agricultural, etc.
Signature Properties knows that there is
always room for improvement, and will ask for your feedback once you’ve had a
chance to settle into your new property.