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For Home Sellers:
Why Sellers Choose Hilary Gilles - Why home sellers in Summit, South Orange and Short Hills choose Hilary Gilles. Free Presentation - Free in-home listings presentation on marketing your Summit, South Orange and Short Hills, in Union and Essex County New Jersey property. Property Valuation - How much is your Summit, South Orange and Short Hills home worth? What Did That Home Sell For? - What did that Summit, South Orange and Short Hills, New Jersey property or other real estate sell for? FSBO - Selling your Summit, South Orange and Short Hills real estate on your own? Go to Main Sitemap - Main sitemap sections include Find Summit, South Orange and Short Hills Homes, For Home Buyers, For Home Sellers, Summit, South Orange and Short Hills Information, Real Estate Resources, and About Hilary Gilles.
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Closing or Settlement >As Closing Approaches
If you are selling a house that is under contract and scheduled to close in a few weeks, what can you do to make the transfer of ownership as easy as possible for you and your buyers?
Keep in close contact with your real estate agent so that you will know if there are any changes in the closing schedule. On the day the property changes hands, your house should be empty, clean and ready for the buyer. Contact all of the utility companies to let them know that you are moving and give the service company the buyer's name (the buyer must follow up with calls to confirm). Don't turn off the gas or electricity because the buyers need to confirm that the appliances are in working order. Let your insurance company know ahead of time that you are selling the house and arrange for your coverage to be transferred to your new home. The most important thing is to start the process well in advance in order to avoid any last-minute complications.
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| Q |
Who is "Fannie Mae" and why is she a big name in real estate?
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| A |
"Fannie Mae" is the real estate industry nickname for FNMA, or Federal National Mortgage Association, the stockholder-owned corporation that purchases mortgages from mortgage lenders. |
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