The closing of a real estate transaction can be both an exciting and stressful experience for both the buyer and seller. Both parties don't want any unexpected surprises to surface once the contract has been signed. It's important to follow some simple guidelines to keep things moving along with as few bumps in the road as possible. Here are the top 7 real estate tips for a smooth closing.

While the transaction is an emotional one for both parties and often the real estate agent(s) too, the closing is a treated in a very business-like manner by the closing entity as a legal transaction that requires full disclosure and diligence to get the i's dotted and t's crossed.

1. The devil is in the details so keep all lanes of communication open between you and your real estate broker, title company, and person in charge of the closing. There are bound to be a few things that arise that will require clarification and/or resolution.

2. Provide any and all documentation requested by the closer in a timely fashion. This can be anything from the very latest proof of income request to proof of insurance or any other critical piece of information required to close.

3. Do not make any substantial changes to your credit between application and closing. This might sound obvious and straightforward but many real estate transactions have died a slow death due to this common mistake.

4. This is advice for both the seller and the buyer - if a power of attorney is to be used at closing, the title company will need to review it as soon as possible. Don't wait for the day of closing to disclose a power of attorney as it will delay the closing of the transaction.

5. Be sure to inform the closer of any special arrangements that may be required for closing. The signatures of all parties are necessary in order to close, so unless there is a power of attorney, married couples, all individuals on a deed etc. will need to be available.

6. Review ALL documents ahead of time. It is always sound advice to read any documents you put your signature to. Request from your real estate agent or your closer the closing documents and take the time to read over the legal language binding you to the sale. Ask your questions ahead of time - not the day of the closing.

7. BREATHE. Put into motion stress-relieving processes to help you cope with the roller coaster ride that can sometimes happen in real estate transactions. Recognize that there is almost always a solution to any problem that arises. Keep your cool even if you get thrown off balance. When the deal closes, exercise patience, you may not receive keys until the deed has been recorded.

CONTACT THE GARY LANHAM GROUP FOR ALL OF YOUR REAL ESTATE NEEDS.

4757 N Ocean Blvd, Fort Lauderdale, FL 33308

Phone: +1 954.695.6518