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Updated over 13 years ago on . Most recent reply

User Stats

156
Posts
20
Votes
Matthew J. T.
  • Real Estate Investor
  • Albuquerque, NM
20
Votes |
156
Posts

Question about closing?

Matthew J. T.
  • Real Estate Investor
  • Albuquerque, NM
Posted

I have a few questions, and I would appreciate if they could be answered, regarding closing, to make sure everything goes by smoothly.

First of all, how do you go about the closing day? As far as scheduling the closing date goes, the escrow is supposed to give me instructions on when the seller and buyer need to show up at closing right?

Does the escrow schedule a closing with the two at different times or are the two signing papers right next to each other? If so how is it avoidable for the buyer and seller not meet each other?Is it better to not have the buyer and seller meet? I read if you double close close, it's better to have them in seperate rooms. How do you do your closings to make them run as smoothly as possible?

Lastly , if I'm just assigning a contract, do I just give the escrow my bank account number so they can transfer the funds electronically instead of actually having to pick up a check in person?

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