Cool site, but doesnt apply much to them. I was more referring to the actual process as to someone comes and says Ill take that house. THen what? Does the buyers bank just handle all the paperwork and parents just have to sign here and here? They dont need help marketing the house, it should sell in a few days. Multiple people have already called dibs on the home.
An escrow/title companies can handle the transaction. Another closing company can also handle the buyer's side
~ Call an escrow company to get information
~ Make sure your parent's representation and their pricing includes the final closing numbers, as well as the deed package, payoffs, etc
~Call FSBOHOMES.com . Their closing department might offer
just closing services separately (not listing) . The office in CR area does offer
closing-only services
~FSBO closing dept.and a few others will supply:
-Purchase Agreement form
-Seller property disclosure
Non-cash deal? Have your parents get a
1) pre-approval letter from buyer's lender. 2) earnest money check
After these items are signed/initialed/dated, a closing company will:
-Order an abstract continuation
-Abstract goes to buyer's attorney for a title opinion
Typical seller closing costs?
Abstract continuation, Revenue stamps, Closing fee, Tax proration credit to buyers
Typical buyer costs?
Title opinion, closing fee, recording fee