Seller's Closing Information

Time Table

Prior to your scheduled closing date, I will retrieve and submit the following documents for the closing: the 6D Certificate (a notarized document verifying that all condominium fees and any and all special assessments in the condominium association are up to date for the month of the closing), the Condominium Association's Master Insurance Policy Certificate, and the City of Boston Fire Dept's Smoke Detector Certificate. Please verify that your smoke and carbon detectors are operable...if you are uncertain please let me know well in advance! I will deliver all of these documents to the lender's closing attorney. If you have agreed to any repairs prior to closing, please review my list of Trusted Vendors. I would be more than happy to assist in scheduling your repairs so that you can go about your busy life!

The week just prior to the closing is when your buyer's mortgage company's underwriter actually prepares all the documents, verifies the accuracy of the HUD Statement commonly known as the closing or settlement statement, reviews the deed and actually funds the closing. If this is a cash deal your legal counsel will prepare the closing documents. Either way, I will continue to be in touch regularly throughout the entire transaction in an effort to monitor the process and to generally assure the process proceeds smoothly and ultimately closes without incident. However, from here on in the mortgage company is in the driver's seat!

Call your attorney to schedule the actual closing date, time and location in an effort to avoid any problems with your schedule. If you are not going to attend the closing like most sellers today, have your attorney prepare "Power of Attorney" as well as a wire transfer which will save you time and aggravation...these steps must be done well in advance! The closing usually takes place at the lender's attorney's office or the Suffolk County Registry of Deeds near Government Center and is usually about 1-2 hours depending upon the transaction. If this is a cash deal, the closing will most likely take place at one of the attorney's office or the Registry of Deeds. For directions to your closing please click here: Google Maps.

About three (3) days prior to the closing, you should request a copy of the HUD Statement. Unfortunately, the attorney's will usually not have this prepared until about 48 hours prior to the closing. The HUD statement will document the transaction in detail and will inform you of the total amount paid to you at the closing after any and all agreed upon deductions. If you have any questions in regards to the HUD statement, please call your attorney immediately! Finally, I will be scheduling a walk-thru for the buyer just prior to the actual closing and will need all the keys at that time. You might also want to cancel your unit home owner's insurance policy effective the end of the day of the actual closing. Please feel free to review my Moving Tips for recommendations and suggestions as well as to arrange on-line transfer of your utilities, newspapers, parking permits and garages. Lastly, if you are also buying a home you might want to review the Buyers Closing Information.

I hope that this has proven to be worthwhile for you. My intention is to make this process as smooth as possible so that you may feel comfortable with all of your decisions. If there is anything else that I can help you with now or in the future, please do not hesitate to call on me. I am available to you on my cell at 617 283-5044 or email me at Rich@RichHaen.com. Your comments are truly important to me. I welcome any comments or additional contacts you would like me to add to this list.