What is required from the buyer to complete a closing?

To complete a closing, it is essential for the buyer to provide several key documents that ensure a valid and smooth transfer of property ownership. The correct answer includes title evidence, the seller's deed, and inspection results.

Title evidence is crucial because it guarantees that the property is free from any encumbrances and that the seller has the legal right to transfer ownership. This documentation is typically provided through a title search or title insurance, which protects the buyer against potential claims on the property.

The seller's deed is necessary because it serves as the official document that transfers ownership from the seller to the buyer. Without this deed, there would be no formal legal record of the property transfer.

Inspection results are also important as they provide the buyer with insights into the condition of the property. This can influence the buyer's decision to proceed with the purchase, negotiate repairs, or adjust the purchase price based on the findings.

In contrast, providing the buyer's bank statement or credit report, while they may be relevant in different contexts (such as securing financing), are not required to complete the actual closing process. These documents may be used earlier in the buying process to demonstrate financial capability, but they do not directly relate to the formal transfer of ownership that takes place at closing