Close of escrow
Closing Day
If you have come this far, this means that it is almost time for a congratulations, but not yet. Do not forget to tie up these loose ends:
Final Walk-Through Inspection.
More of a formality than anything else, the final inspection takes place the day before, or the day of the closing. The buyer visits the property to verify that all is in working order, everything is the same as when the buyer last viewed the property, and that there are no extra items left behind.
Cancel Home Services and Utilities.
We will provide a list of useful numbers for the termination of home services and utilities after the closing occurs.
Be Prepared.
We are ready to assist you should an unforeseen glitch pop up, even at this last stage. If something at the property breaks down or the buyers’ loan does not pull through on time, there is no need to worry. We have encountered these problems before so we know how to handle them efficiently and in a stress-free manner.
Closing.
The closing agent will furnish all parties involved with a settlement statement, which summarizes and details the financial transactions enacted in the process. The buyer(s) will sign this statement and then you will sign as well as the closing agent, certifying its accuracy. If you are unable to attend the scheduled closing, then arrangements can be made depending on the circumstances and the notice that we receive. If you are receiving funds from the transaction, you can elect to either have the funds wired electronically to an account at your financial institution, or have a check issued to you at the closing. The seller should arrange to have all property keys and any other important information for the new purchaser at the closing, so that the purchaser may receive these items at this time.
Sellers guide FAQs – Los Angeles
In Los Angeles, buyer activity often peaks in spring and early summer, but the best time for you also depends on your neighborhood, price range, and personal timing.
Your LA home’s value is based on recent comparable sales, current competing listings, condition and updates, and buyer demand in your area, which a local agent can analyze in a comparative market report.
LA sellers typically pay agreed‑upon agent compensation, any applicable transfer taxes, part of the escrow and title fees, and repair credits or concessions negotiated with the buyer at closing.
A well‑priced, well‑presented LA home often attracts strong interest within the first few weeks, though total days on market vary by area and price point.
It is usually smart to fix major issues and make simple cosmetic improvements—such as fresh paint, minor landscaping, and basic updates—to help your LA home show better and support stronger offers.
The list price is your asking price when the home hits the market, while the sale price is what a qualified buyer actually agrees to pay and you accept in a signed contract.
Your agent schedules private showings with advance notice and may also hold open houses, coordinating with you so the home is ready and disruption to your routine stays manageable.