This is my 1st time closing the multifamily. What should I be aware of at the closing date? What should I bring to title company other than IDs, cashier check?
Should I ask the title company about pro-rated rent for the units and atonements ?
It would be greatly helpful for any tips.
your closing Atty should really help, or your agent can help get you educated. Any security deposits or rents in escrow should be transfered in full, and pro rated rents for the month and day you close should be transfered as well. You will receive a closing disclosure summarizing everything before close and you should validate it’s correct.
@Seth Williams Thank you for pointers. My agent is definitely helping me out. I just want to make sure I did not miss anything or my agent does not miss anything.