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selling our home- got closing date

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browneyes
All moms are working mothers!

Member since 8/08

4311 total posts

Name:
Super Mom

selling our home- got closing date

so we are selling our home and just got the closing date this Friday...
What do/who do we need to contact to tell them we will no longer be living here. I have a apt for the gas company to read our meter.. Do we need to contact the water company im assuming yes lol.. I cant think who else we need to contact Help lolChat Icon

Posted 11/18/13 7:01 PM
 
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Mill188
LIF Adult

Member since 3/09

3073 total posts

Name:

Re: selling our home- got closing date

Electric company
Phone/cable
Water company
Oil company
Post office
Homeowners insurance
Newspaper delivery
Alarm company

Posted 11/18/13 9:03 PM
 

browneyes
All moms are working mothers!

Member since 8/08

4311 total posts

Name:
Super Mom

Re: selling our home- got closing date

Posted by Mill188

Electric company
Phone/cable
Water company
Oil company
Post office
Homeowners insurance
Newspaper delivery
Alarm company



Thanks! I forgot most of those lol .

Posted 11/18/13 9:08 PM
 

Christine Braun - Signature Premier Properties
LIFamilies Business

Member since 2/11

3992 total posts

Name:

Re: selling our home- got closing date

Just fyi - It's usually best to let the utility companies know that you will be transferring service, rather than having service shut off. It's just easier that way, and there is no interrupted service. Just have your agent or attorney communicate to the buyers' agent or attorney when you want them to pick up service (either day of closing or day after).

Technically, the seller should keep everything on through the closing, so if the closing is Friday, the buyer would have their accounts start Saturday. But these days, I find the sellers usually ask the buyers to implement service the day of the closing (Friday).

Either way is fine, just make sure everyone is on the same page so you have a seamless transition. Earlier this year, on a listing I was selling, the buyer forgot to call the utility companies. My sellers had ended their accounts the day prior to the closing with the expectation everything would be transferred to the buyer's name as of the day of the closing, which we all had previously discussed and agreed upon. The buyer forgot to do it, and my sellers had moved out, so when we all arrived at the house to do the final walk through (just a couple of hours before the scheduled closing), there was no electricity, so the buyer could not test many of the appliances and systems in the house! This obviously created a last minute fire drill and stress that could have been avoided.

So make sure all utilities will remain on through the walk through, however you decide to make the transition.

Posted 11/19/13 9:48 AM
 

browneyes
All moms are working mothers!

Member since 8/08

4311 total posts

Name:
Super Mom

Re: selling our home- got closing date

Posted by Century 21 Dallow - Christine Braun

Just fyi - It's usually best to let the utility companies know that you will be transferring service, rather than having service shut off. It's just easier that way, and there is no interrupted service. Just have your agent or attorney communicate to the buyers' agent or attorney when you want them to pick up service (either day of closing or day after).

Technically, the seller should keep everything on through the closing, so if the closing is Friday, the buyer would have their accounts start Saturday. But these days, I find the sellers usually ask the buyers to implement service the day of the closing (Friday).

Either way is fine, just make sure everyone is on the same page so you have a seamless transition. Earlier this year, on a listing I was selling, the buyer forgot to call the utility companies. My sellers had ended their accounts the day prior to the closing with the expectation everything would be transferred to the buyer's name as of the day of the closing, which we all had previously discussed and agreed upon. The buyer forgot to do it, and my sellers had moved out, so when we all arrived at the house to do the final walk through (just a couple of hours before the scheduled closing), there was no electricity, so the buyer could not test many of the appliances and systems in the house! This obviously created a last minute fire drill and stress that could have been avoided.

So make sure all utilities will remain on through the walk through, however you decide to make the transition.



Great advice thanks so much I will talk to my attorney tonight on what we should do!

Posted 11/19/13 2:39 PM
 
 

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