Selling a home doesn’t end once you accept an offer. The closing process is a crucial final step, ensuring all legal, financial, and contractual requirements are met before handing over the keys.
At Puerto Rico Real Estate, PSC, we simplify this process for our sellers, handling paperwork, legal requirements, and coordination to ensure a smooth and successful transaction.
Once you accept an offer, the closing process begins.
β Purchase agreement is signed
β Earnest money deposit is collected from the buyer
β Contract is reviewed by legal representatives
We ensure that all terms are clear and protect your interests.
The buyer’s attorney or lender will conduct a title search to confirm:
β The seller has legal ownership of the property
β There are no outstanding liens, debts, or legal issues
How We Help:
β We work with title professionals to ensure everything is in order
β If any issues arise, we help resolve them quickly
Before closing, sellers must provide:
β Property tax clearance certificate (CRIM)
β Up-to-date municipal tax payments
We assist in gathering these documents to prevent any delays.
If the buyer is financing the purchase, their lender may require:
β A home inspection to assess property condition
β An appraisal to verify property value
If any repairs are requested, we help negotiate solutions to keep the deal on track.
β Sellers may owe capital gains tax, depending on the property’s appreciation
β Closing costs are calculated, including legal fees, realtor commissions, and taxes
We guide sellers in understanding potential costs and tax implications.
β The buyer does a final walkthrough to verify property condition
β Closing documents are signed at the attorney’s office
β The funds are transferred, and ownership is legally transferred
How We Make It Easy:
β We coordinate every detail, so you don’t have to worry
β We ensure a smooth handover of the property
At Puerto Rico Real Estate, PSC, we handle all aspects of the closing process, so you can focus on your next move.
β Managing legal paperwork to ensure compliance
β Coordinating with attorneys, title companies, and CRIM offices
β Resolving potential delays quickly
β Ensuring smooth funds transfer & final handover
With us, you can close with confidence and avoid unnecessary stress.
Selling your home? Let Puerto Rico Real Estate, PSC handle the details for a smooth, stress-free closing.
π 787.244.6364
β [email protected]
π www.ThePuertoRicoRealEstate.com
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Your satisfaction guides our every step. Thanks for choosing PRRE.