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Closing the Sale

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There is no guarantee that everything will go smoothly, but you can do your part to make it a successful sale. Here are some tips to help make the sale of your home trouble-free:

  • Make sure you comply with all legal requirements.
    For example, obtaining proof of title, paying a transfer tax, coordinating inspections if necessary.

  • Meet all contingencies, and meet them on time.
    If you miss a contingency, the buyer has the right to pull out of the deal if they choose.

  • Do not occupy the home after you close.
    After you have signed the papers at the closing, you are no longer the legal owner and have no legal right to stay in the home. If you need to stay in the home longer than expected, you may be able to arrange a contingency with the buyer before you close that allows you to pay rent for each agreed-upon day you remain in the home.

  • Make sure you leave your home in the condition the buyer originally saw it. If it is in less than habitable condition, you could face legal action.

  • Do not keep any keys to the home.
    You must turn over all of your keys to the home on the day of closing, unless a contingency specifies otherwise.

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