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Buyer's Information
7 Steps to Buying a Home
The Sixth Step
It’s Time for the Closing!
You probably thought this day would never get here.
To ensure a smooth closing please go over this list. You will need these items at closing or prior to.
1. All funds due at closing must be in the form of a cashier check, certified check, or wire transfer. Absolutely no personal checks
2. If a Power of Attorney is to be used it must be approved by the title company before the day of closing.
3. If you are an out of state seller the title company will need to know, prior to closing, how you want to deal with the Colorado 2 % sales tax. Applying only to properties valued at $100,000 or more. Contact your accountant for advice on this matter. The title company can provide you with forms and information on this subject.
4. In Summit County the situation sometimes occurs where the buyer or seller lives out of the area and cannot make it here for the closing. The title companies we use here are very helpful in dealing with mail out closings where they will overnight the closing papers for you to fill out and have you overnight the papers back. Please let us know in advance if this is something you will need to do.
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