What Does Clear To Close Mean?

What Does Clear To Close Mean?

What does clear to close mean? Well, in a real estate transaction, there’s many processes that you have to get through in order to close on your new home. And you can call these hurdles and all that other stuff, but in reality everyone including the agents, the title company, the lender, the seller and the buyer everyone wants to hear the magic words “clear to close.”

And what that means is that everything has has been accomplished. We are past inspection, past appraisal, past title (we have clear title.) The buyer has done everything you need to do to get the clear to close and therefore you can go ahead and close.

The buyer gets a new home, seller gets their funds, buyer’s agent, seller’s agent and the lender get paid. So if you have any questions, please leave a comment below. Please share with anyone think it’d be helpful to and as always days close with Patrice.

This has been “What Does Clear To Close Mean” by Patrice Henderson of Designed Living Real Estate. Be sure to subscribe to her YouTube channel for all your real estate tips, home tours and advice. Get your FREE listing consultation or buyer’s consultation to  learn more about the buying and selling processes including more information on being “clear to close” and preparing for a real estate closing.

Check out more home seller tips and home buyer tips to learn more on the home selling process and home buying process as well and feel free to reach out to us should you have any questions or concerns or want us to help you with your real estate needs at (248) 780-2518. We are always happy to educate and help our clients through designing the right real estate solutions so they can live the life they desire. Thank you for choosing us for your real estate needs.