As you pack your belongings for an upcoming home sale, you may forget about a few last minute things. The checklist for PA home sellers prior to closing below may ensure a smooth closing.
Call Your Lender
If your monthly payment includes amounts for real estate taxes, then there is an escrow account containing those funds. When your real estate taxes are due, the funds are removed from the account. If your closing is scheduled for around the same time as the payment due date, you may tell your lender not to submit the payment. The closing attorney will probably plan to cover that same bill, leading to an over payment. Verify this with the closing attorney to clarify. It can be a painful process to receive that money returned or you may not notice the error at all. Typically, any funds left in your escrow account are returned after the loan is paid off.
Forward USPS Mail
You may notify the postal service in advance regarding your new address. This can be done at one of their locations or on their website. There are actually two different types of services. A basic mail forwarding includes only a minimal fee (a few dollars) online. There is an enhanced option with a more expensive fee but may not be necessary when moving addresses. You will still need to send everyone your new address. Mail forwarding services continues for a finite period of.
Contact Utility Providers
Call your utility providers to notify them of your termination. Most will need prior notice for cancellation. For utilities such as gas, a service person must come out to read the meter prior to preparing the final bill. Others, such as cable, may require you to send back certain hardware. You might not learn these details until you speak to them, so do not wait until the last minute to do so.
Checklist For PA Home Sellers Prior To Closing
The checklist for PA home sellers prior to closing noted above includes only some of the important items to include. For additional guidance on selling your property, speak with your real estate agent. He or she will assist you through the complete process.