Real Estate Closing Checklist

Hawaii Island Real Estate Attorney

Purchasing a home is a big life event. Depending on how prepared you are, the closing process can be smooth sailing or a rough ride. No matter what kind of real estate purchase you’re making, you know how important it is to your personal life or business. And this is why it’s so important to have an experienced Hawaii real estate attorney on your side.

Barbara L. Franklin walks you through the closing process, explaining all of the complicated paperwork to you so you understand exactly what you’re signing. She ensures all contracts are in your best interests, and that the closing goes without any bumps or mistakes.

Big Island Real Estate Closing Checklist

You’ve chosen your property, your home or your building, made your offer, done the paperwork, and all the financials are ready. Now all that is left is the closing. To ensure a smooth closing without unexpected problems, here is a checklist of common closing items and processes. Your Big Island real estate lawyer will assist you with these.

Before the closing, you should take a close look at:

• The title and any limitations on the title
• The deed and the ownership interests of those involved
• The survey showing the exact boundaries of the property
• Any leases that might affect the property
• Results of all inspections and necessary repairs
• The system under which the property is recorded (Hawaii has two systems)

You’re also entitled to a final walk through, typically with your real estate broker, to make sure all agreed-upon repairs or maintenance was completed and the property is in the expected condition.

At the closing, you and the seller will inspect the closing statement to ensure everything is in order. The actual closing formally settles and transfers the real estate. Any closing expenses are paid, as well as paperwork signed. Your real estate attorney on Hawaii Island helps you through this process so everything is signed in order and all financial transactions are made correctly.

Consult With a Honoka’a Real Estate Attorney Today

Closing on a real estate deal can be a life-changing event. Call the Honokaa offices of Barbara L. Franklin today at 808-775-0530, or drop by during regular business hours at 45-3438 Mamane Street, Bldg 2, Honokaa, HI 96727.