If you’re preparing to sell your home, congratulations—you’re nearing a major milestone! But before you hand over the keys, there’s one final (and very important) step: the closing process.
As a real estate agent, I guide Maryland homeowners through this process every day. Here’s a straightforward breakdown of what to expect when you reach the finish line of your home sale.
📋 1. Accepting the Offer
Once you receive and accept a buyer’s offer, things move quickly. The purchase agreement will include:
- The sale price
- Contingencies (financing, inspections, appraisal, etc.)
- The proposed closing date
- Any seller concessions
Your agent (that’s me!) will walk you through every term to make sure you understand what you’re agreeing to.
🏠 2. Home Inspection & Negotiations
In most cases, the buyer will schedule a home inspection. Based on the results, they may:
- Request repairs
- Ask for a price reduction or credit
- Move forward without changes
This is where negotiation comes into play, and having an experienced agent is key to protecting your bottom line.
💰 3. Appraisal and Buyer Financing
If the buyer is using a mortgage, their lender will order an appraisal to ensure the home is worth the purchase price. If the appraisal comes in low, you may need to renegotiate—or the buyer could walk away, depending on the terms.
Meanwhile, the buyer’s loan goes through underwriting. This can take 2–4 weeks.
🧾 4. Title Search and Legal Requirements
A title company will ensure there are no legal claims (liens, unpaid taxes, ownership disputes) tied to your property. They’ll also prepare:
- The deed transfer
- Seller’s closing disclosure
- Required state/local documents (like Maryland’s lead-based paint disclosures, if applicable)
If everything is clear, you’ll get the green light to close.
📆 5. Final Walkthrough
Typically within 24 hours before closing, the buyer will do a final walkthrough to confirm the property is in the same condition as when they agreed to buy it—and that any agreed-upon repairs are complete.
✍️ 6. Closing Day
On closing day, you’ll meet (in person or remotely) to sign the final documents, including:
- The deed transfer
- The settlement statement
- Any tax or legal forms
Once everything is signed, and the buyer’s funds are transferred, the sale is officially closed! You’ll hand over the keys, and your proceeds will be sent via wire or check.
✅ Final Tips for a Smooth Closing
- Stay organized and respond to requests quickly
- Keep your home in top condition until closing
- Work with a professional real estate agent who keeps you informed every step of the way
Thinking About Selling Your Maryland Home?
From listing to closing, I’m here to guide you through the process with confidence, clarity, and care. Whether it’s your first home sale or your fifth, let’s make it a smooth and successful experience.
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🏡 Let’s get your home sold the smart way!
