After the purchase and sales agreement has been completed to your satisfaction you must now agree on a closing date with the buyer and insert this final item into the sales contract.
This is the date at which you will receive the money for the property from the buyer and you will turn over your deed and the keys.
Choosing The Proper Closing Date
Make sure you select a closing date that will allow you to easily meet any conditions that have been set in the purchase and sales agreement. You will also want to leave enough time to allow for title searches and adjustment calculations to be done by the lawyers.
Once you get to the closing date make sure you have removed all of your belongings from the home so it is ready for the new buyer to move in. The buyer will perform a walk through on the closing date to make sure you have turned over the property in move in condition.
* MLS® and Multiple Listing Service® are trademarks of the Canadian Real Estate Association. PropertySold.ca Inc. is not associated with CREA or their trademarks. REALTORS® and REALTOR® are trademarks of the NATIONAL ASSOCIATION OF REALTORS®. PropertySold.ca Inc. is not associated with the NAR or their trademarks.
