CLOSE OF ESCROW

The contract will state the close of escrow date. All necessary preparation should take place before this date. All inspections, appraisals and warrantees should be in place for the close of escrow to be completed. An appointment for signing will be scheduled on or before the set date of the close of escrow. This signing date will be made through Key Realty.

After signatures are completed the recording process will take place. At this time, the arranged purchase price transfers from the buyer to the seller. After the purchase is recorded the buyer will hold all interest in the property.