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what documents do i sign at closing hi it's nick will sell my san antonio house and people ask us all the time okay well now that i'm selling my house to you when we go to closing what documents am i going to need to sign it's a great question and when you're selling a house things can differ from title company to title company but there are some documents that you're going to see time after time and most of them are going to be real similar to what we've got here you're going to have a settlement statement also called a hud statement or sometimes people just call it the hud what it is is a breakdown of all the costs that are involved in the transaction so you'll have obviously you'll have your sales price so i think i would want to check that and you're going to have a breakdown over here depending on your agreement so what all is charged to the buyer what all is charged to the seller now there's also if you were only going to look at one number it's my opinion that this number would be most important it's almost always right down here and it's called cash to seller because if you are selling your house then that is how much money is coming to you which in my opinion is probably the most important number because that's the one you want to double check maybe you want to triple check that one but you're going to sign the hud statement also you're going to sign a deed lots of times it's going to be a general warranty deed sometimes there's special warranty deeds but you're definitely going to sign a deed and what you're doing is then you're deeding your property to the buyer in exchange for whatever you agreed upon so when you sign your deed your deed gets retorted as you're signing over the property all title companies are then going to have a privacy policy notice where they talk about you know hey we're not going to sell your information we've taken some of your information we won't disclose any of your information pretty standard disclosure that's going to be in there i think everyone that i've ever been to has an affiliated business agreement disclosure is saying that they do business with certain different companies and that company may have made money they may own a portion or some of that company and it's another disclosure saying hey we told you then they have the packet of disclosure for the title company it's saying hey this is what the title inspection covers this is what the title inspection doesn't cover it's not just for the sellers for the seller and the buyer but it's saying hey no they're not guaranteeing things like your survey or maybe what the appraisal guy did or what someone did in an inspection but they are letting you know that what they researched was the title work on the property and there's different things that they don't guarantee with their title work proceeds from real estate so they have to tell the irs if you've got proceeds from the real estate it's required they've got to send off the gotta send off the info so they're letting you know affidavit as to debts and liens basically this is saying that okay the title company looked for any debts or liens attached to the property but is that everything or are you hiding something you're probably not but you are saying that hey i'm not aware of anything else that we haven't talked about hasn't been already disclosed also affidavit of identity this one is pretty common so whenever they're checking the property they're going to check for any liens or debts tied to the property but also the people that are selling it or gaining proceeds from the property so if you have a name that's very common when they run those so if you're john smith there'll be a whole bunch of john smith and most of those times they aren't going to be you but you're also signing this saying hey we found these did things that may or may not be tied to this person that's selling the property if they're not you you're saying hey that's not me seller forwarding address you're going to want to let them know where you're headed this is a big one seller proceeds instructions so where do you want your money to go most of the time people get a wire that i've seen but you can get a check you can have a check mailed to you but you can definitely want to fill that out so they know where to send you your money other than that that's most of the documents you're going to sign most of the time are there other things involved of course because different closings require different things based on the title work that's there a different title company is going to have a slightly different disclosure than another one but in general it's something like that that you're going to sign and at least gives you a good idea of what you'll be walking into and keep in mind you're going to have the escrow officer there with you when you're signing and those people work for the title company so they've been through these documents tons and tons and tons of times just ask them ask me your questions i'll be happy to answer so i hope that helps what documents will i be signing at closing if we can do anything for you please give me a shout to 10201 6644 or through the website selma san [Music] antoniohouse.com [Music] you