Closing Question relating to Seller and Realtor Disclosures

Closing Question relating to Seller and Realtor Disclosures

Investor · Atlanta · Member since 2019 · 521 posts · 88 votes

Hi,

As a seller of a property what are things need to be considered for closing. If seller is realtor what kind of disclosures should be given at what point ( seller is realtor but using other agent help to sell his property). How to make sure wire comes through correctly. Seller Signature should be done only after funds transferred? Check book is enough to give routing and account number of bank? I know some banks has 2 PM cut off for wire transfers. If closing delays goes beyond 2 PM then fund may not come to seller bank until next business day of closing. Can you. Can seller sign in the morning before hand as closing attorney may wait for buyer to come late? How to avoid wire transfers frauds. Any other things I need to be aware of.  Is settlement statement and closing disclosure are both same. If closing is tomorrow settlement statement and closing disclosures should be reach to seller by today before what cut off time? Please advise

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