What are the duties of a closing agent?

A closing agent is an important part of real estate transactions in California. The closing agent’s job is to verify that all contractual requirements of the sale have been met before the real estate transaction closes. The closing agent is responsible for verifying that all proper paperwork is complete and accurate, including title searches, legal documents, appraisals, and home inspections. They also ensure that all parties to the sale have provided the necessary funds for the transaction. The closing agent will also be responsible for handling all documents related to the sale, such as deeds of trust, deeds of reconveyance, closing statements, and other required documents. They will also double-check that all financial calculations are accurate and that the transfer of money is properly documented. The closing agent is also responsible for preparing title insurance policies and collecting the necessary closing costs. The closing agent will also be present at the closing to review the paperwork and answer any questions the parties may have. They will also ensure that the closing is conducted in accordance with the law, and that all parties to the transaction have received what they expected from the purchase. The closing agent will also be responsible for signing and notarizing all closing documents.

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