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The Closing

The Closing

The actual closing can take place anywhere and at just about any time as long as all parties mutually agree. The lawyer for the lender will be the closing attorney. This attorney will prepare the closing documents and conduct the title search. You may opt to have the closing attorney prepare the deed for the transfer or an attorney of your choice. It is important that the title is clean. If there are problems, it is more than likely that if they cannot be resolved quickly, the closing will not take place. Otherwise, if everything is clear, the entire process should take about 45 minutes to an hour.

The time frame put forth here is generally accurate, but extensions on dates can be made provided both parties agree. The point is to come to a successful conclusion for both buyer and seller. Everyone should try to be as flexible as possible. There are times when one party just cannot be as cooperative as it would like. Job restrictions may make certain time constraints mandatory.

The entire process from accepted offer to closing should take approximately four weeks.

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Acres Away Realty
14 Columbia St. • Leominster, MA 01453
Phone: 978-840-2696 • Fax: 978-840-2694
info@acresawayrealty.com
 
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