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Closing and Possession Day

Closing Day

If you have come this far, this means that it is almost time for a congratulations, but not yet. Do not forget to tie up these loose ends:

Final Walk-Through Inspection.

More of a formality than anything else, the final inspection takes place the day before, or the day of the closing. The buyer visits the property to verify that all is in working order, everything is the same as when the buyer last viewed the property, and that there are no extra items left behind.

Cancel Home Services and Utilities.

We will provide a list of useful numbers for the termination of home services and utilities after the closing occurs.

Be Prepared.

We are ready to assist you should an unforeseen glitch pop up, even at this last stage. If something at the property breaks down or the buyers’ loan does not pull through on time, there is no need to worry. We have encountered these problems before so we know how to handle them efficiently and in a stress-free manner.


Your lawyer will provide you with a detailed statement of accounts, which summarizes and details the financial transactions enacted in the process. If you are receiving funds from the transaction, you can decide with your lawyer how to most efficiently get your funds to you at closing time. This is most often done by direct deposit or having a cheque issued to you at the time of close. As your seller’s agent, I will assist you in arranging to have all property keys and any other important information available to the new purchaser at the closing.