Do You Need to Be Present at Close of Escrow? [Video]

Question: Do the Buyer and Seller Need to Be Present at Closing? Answered by Libby Guthrie

Video Transcript

We’re going to talk a little bit about closing and what that means. Closing in Northern California is the specific date that the deed is recorded from the seller to the buyer, deeding the property over to the buyer and that grant deed is recorded in the county recorder’s office. And that’s when it’s officially recorded and officially closing escrow.

So when we get into contract with the buyer and seller in Northern California, we’re striving for a specific closing date. So sometimes buyers and sellers will tell me. Oh, no Libby, we can’t close that day because we’re going to be on a cruise or we’re going to be out of town and we planned this trip and no worries because in Northern California the Title company (Escrow Company) handles the paperwork and you will actually be signing your paperwork as a buyer and seller a little bit ahead of time before that specific close of escrow date.

Then the title company holds onto that paperwork till they’re ready to handle the recording of the deed at the County Recorder’s Office. So go ahead and enjoy your trip. Enjoy your cruise and enjoy your new home.

You don’t have to actually physically be here on the date that escrow closes.

End Transcript

Do you have questions about buying or selling a home? Leave your question in the comments below and I’ll do my best to answer them, or call me at 925-628-2436 and I’ll be glad to help!