At Carson Law, we believe in a team-based approach, so you will interact with a few key players based on where your file is in processing. There is a lot of backend work that goes into successfully closing your real estate sale. Understand our process from owner and president, Ryan Carson, so we can all work together to achieve a smooth closing.
During any point of your transaction, if you have questions or concerns, please do not hesitate to call, or email Ryan Carson.
How your real estate sale is processed at Carson Law
When you have a firm agreement of Purchase & Sale, meaning all conditions have been met, that is when we come in. When we have opened a file for you within our backend client management systems, you will receive a file opening email from our file opening department. In the file opening email, there will be instructions listed that need to be completed by you to fulfil our intake process.
Next, after we have received all intake documentation back, our real estate clerks will be in contact with you and will request the following items:
· void cheque
· mortgage or secured line of credit statement
· property tax bill
After this, we can begin to process your file with your financial institution and the other law firm representing the buyer. This stage is accomplished by a separate law clerk than the step above.
For your final signing appointment, please expect to sign your paperwork approximately 1-2 days prior to your closing date. This appointment can usually be done via zoom with esigning. However, some lenders do require pen to paper signatures so an office appointment may be necessary.
When everything is signed and your closing day is here, we are busy ensuring the final documents are sent to the proper parties, the sale proceeds are being received from the purchaser's lawyer and we work with them on the registration. We also pay out any of your previous registered debts. Final closing will most likely take place in the late afternoon, between 2pm - 6pm. Net proceeds from your sale are wired into your account 1-2 business days after closing.