Buying and Selling a commercial property can be a stressful process, but when the closing process doesn't happen smoothly, it can add even more stress. Here are a few tips to help the closing process happen without a few of the most common glitches. First, listen to the professionals. If your real estate agent or mortgage broker gives you suggestions for the closing or moving process, heed their advice. They see problems regularly and can help you avoid some of the most common problems. Second, as a seller, pack and move out off the property as early in the day, or even the night before, as possible and schedule closing for the afternoon. For buyers, schedule the final walk through earlier in the day as well. This added time should help with any unplanned delays. Third, consider adding a little extra expense to your budget in case there is a delay in closing and storage costs are needed or you need to hire a professional for an unexpected repair. Finally, ask for a final settlement statement a day or two in advance of closing so that last minute surprises are kept to a minimum.
For more information on the closing process or if you are in need of Tulsa area commercial closing services, contact JJ Pierce, FirsTitle, 918-493-2241 or www.firstitle.com
For all your Tulsa, OK. commercial mortgage needs, contact Karen Heston, Bank of Oklahoma, 918-488-7353 or kheston-boklo.mortgagewebcenter.com
For all your Tulsa, Oklahoma area commercial real estate needs, contact, Darryl Baskin, McGraw Realtors, 918-258-2600 or www.darrylbaskin.com.
Monday, September 26, 2011
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