How to Do an Online Title Deed Search In Kenya<\/a><\/blockquote><\/iframe>\n<\/div><\/figure>\n\n\n\n<p>After activating your escrow, you can deposit your funds there as you await the signing of the property transfer documents. Once everything goes well, you can release the funds to the seller. <\/p>\n\n\n\n<p>Escrow services also protect the seller’s property since there is an assurance of payment. So, it’s a win-win situation when you both agree to use Escrow services. <\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-step-3-do-a-title-deed-search\"><span class=\"ez-toc-section\" id=\"Step_3_Do_a_Title_Deed_Search\"><\/span>Step 3: Do a Title Deed Search<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>This step is crucial since you will confirm the current property owners. Once you conduct a <strong>title search<\/strong>, you will also know the property ownership history, revealing all details.<\/p>\n\n\n\n<p>This step will save you from potential conmanship since you will get to know the authenticity of the property you are about to buy.<\/p>\n\n\n\n<p>In addition, this step will familiarize you with the documents you need to own property successfully.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-step-4-hire-a-real-estate-attorney\"><span class=\"ez-toc-section\" id=\"Step_4_Hire_a_Real_Estate_Attorney\"><\/span>Step 4: Hire a Real Estate Attorney<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>If you are a first-time real estate buyer, you don’t know the legal part of property transfer. That’s why you need to hire <a href=\"https:\/\/www.investopedia.com\/ask\/answers\/101314\/what-do-real-estate-attorneys-do.asp\" target=\"_blank\">an attorney<\/a> who can represent you in court once anything happens in the future.<\/p>\n\n\n\n<p>An attorney will also ensure that the property ownership documents you sign are authentic. Therefore, you might not have to worry once you have a good attorney.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-wp-embed is-provider-property-254-blogs wp-block-embed-property-254-blogs\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"wp-embedded-content\" data-secret=\"yC30aRI8GA\"><a href=\"https:\/\/property254.co.ke\/blogs\/real-estate-investment-guide\/\" target=\"_blank\">Beginner’s Guide to Real Estate Investment in Kenya<\/a><\/blockquote><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"“Beginner’s Guide to Real Estate Investment in Kenya” — Property254\" src=\"https:\/\/property254.co.ke\/blogs\/real-estate-investment-guide\/embed\/#?secret=zJGPVA4M0B#?secret=yC30aRI8GA\" data-secret=\"yC30aRI8GA\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe>\n<\/div><\/figure>\n\n\n\n<p>An attorney will handle all legal proceedings related to property transfer. That’s why you need to hire who has previous experience in property ownership and transfers.<\/p>\n\n\n\n<p>You might also require some eyewitnesses when signing the property transfer documents. That will help in ensuring that you can handle any case related to your property that can arise in the future.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-step-5-inspect-the-property-nbsp\"><span class=\"ez-toc-section\" id=\"Step_5_Inspect_the_Property\"><\/span>Step 5: Inspect the Property <span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Before signing the property transfer documents, you need to go through the property once more. Ensure that you like everything about the property you are purchasing.<\/p>\n\n\n\n<p>Check for possible roof leaks, if all shingles are in place, paintings, floor, doors, and windows. <\/p>\n\n\n\n<p>If there is any need for repairs, let the owner do it before you buy the property. <\/p>\n\n\n\n<p>You should only pay for property that is ready for use. However, if the seller is not able to fix it, that takes us to the next step.<\/p>\n\n\n\n<p>For the inspection process to go forward, you need to include an inspection contingency clause that protects you from accepting damaged property. If the seller isn’t willing to fix it, you can walk out of the contract without paying penalties.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-step-6-ask-for-negotiations-nbsp\"><span class=\"ez-toc-section\" id=\"Step_6_Ask_For_Negotiations\"><\/span>Step 6: Ask For Negotiations <span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>If you’ve some issues with the property quality, you can talk with the seller to reduce the price since you’ll do some repairs before using the property. <\/p>\n\n\n\n<p>But that doesn’t mean you shouldn’t ask for negotiations if the property is in good condition. You can ask the seller to remove some costs involved in the transfer. Remember that sellers can take advantage if you are starting in <a href=\"https:\/\/property254.co.ke\/blogs\/real-estate-investment-dealing-with-the-unexpected\/\" title=\"Real Estate Investment: Dealing with the Unexpected\" target=\"_blank\" rel=\"noopener\">real estate investment<\/a>.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-step-7-remove-all-contingencies-nbsp\"><span class=\"ez-toc-section\" id=\"Step_7_Remove_All_Contingencies\"><\/span>Step 7: Remove All Contingencies <span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Contingencies protect you if anything is wrong with the contract. You won’t pay any form of penalty if you leave the contract when the seller fails to meet some or all requirements in the contingency.<\/p>\n\n\n\n<p>In addition, if you have a <a href=\"https:\/\/www.forbes.com\/advisor\/mortgages\/mortgage-contingency\/\" target=\"_blank\">mortgage loan contingency<\/a>, you cannot pay the penalty if you leave the contract in case you don’t get funds on time.<\/p>\n\n\n\n<p>So, if everything is smooth during the contract signing, you can remove all contingencies involved.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-step-8-do-final-touches-nbsp\"><span class=\"ez-toc-section\" id=\"Step_8_Do_Final_Touches\"><\/span>Step 8: Do Final Touches <span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Do not assume everything is good, and continue with the signing. That may cost you in the future. <\/p>\n\n\n\n<p>Ensure you crosscheck the property again to see whether the owner did repairs and if there was anything to fix. Again, check whether there are any new damages caused before signing.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-step-9-sign-the-sale-agreement-documents-nbsp\"><span class=\"ez-toc-section\" id=\"Step_9_Sign_The_Sale_Agreement_Documents\"><\/span>Step 9: Sign The Sale Agreement Documents <span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>This is the final step before you become the legal owner of the property. Ensure your attorney and witnesses are present during the signing. <\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-step-10-store-your-ownership-documents-securely-nbsp\"><span class=\"ez-toc-section\" id=\"Step_10_Store_Your_Ownership_Documents_Securely\"><\/span>Step 10: Store Your Ownership Documents Securely <span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>After you’ve become the new property owner, keep all documents in a safe place. <\/p>\n\n\n\n<p>This will help you in the future if there are any disputes with your property. Furthermore, you will still need the documents to resell the property later.<\/p>\n\n\n\n<p>Don\u2019t navigate the market alone! Visit our website to connect with a network of pre-vetted real estate agents. Search by location and expertise to find your perfect partner on\u00a0<a href=\"https:\/\/property254.co.ke\/real-estate-agents\" target=\"_blank\">Property254<\/a>. Start your journey today!<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-the-bottom-line-nbsp\"><span class=\"ez-toc-section\" id=\"The_Bottom_Line\"><\/span>The Bottom Line <span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Now, you have the right procedure to follow when closing a real estate deal. Why don’t you go ahead and become the next property owner?<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-frequently-asked-questions-nbsp\"><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span>Frequently Asked Questions <span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Why is closing a real estate deal so important?<\/strong><\/li>\n<\/ol>\n\n\n\n<p>Closing a real estate deal is critical in <a href=\"https:\/\/property254.co.ke\/blogs\/steps-to-do-real-estate-investment\/\" target=\"_blank\" rel=\"noopener\">real estate investment since it’s the final step<\/a> to making profits( for the seller) and owning the property(for the buyer).<\/p>\n\n\n\n<ol class=\"wp-block-list\" start=\"2\">\n<li><strong>How long does a real estate deal take to close?<\/strong><\/li>\n<\/ol>\n\n\n\n<p>If everything goes as planned, it will take approximately 50 days to close a real estate deal.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>You researched and got your preferred real estate property. Now, how do you close a real estate deal? This part of buying real estate is the most important since you will be a property owner after closing the deal successfully. It may seem easy to close a real estate deal, but don’t rush first. You<\/p>\n","protected":false},"author":2,"featured_media":11082,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[28],"tags":[],"class_list":{"0":"post-10368","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-tips-advice"},"yoast_head":"\n<title>10 Key Steps to Close a Real Estate Deal -<\/title>\n<meta name=\"description\" content=\"Important steps you should take to close a real estate deal without troubleUnlock the essential steps to successfully close your real estate deal hassle-free. From negotiation tactics to paperwork mastery, explore expert advice and ensure your transaction sails smoothly to completion\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/property254.co.ke\/blogs\/steps-to-close-a-real-estate-deals\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"10 Key Steps to Close a Real Estate Deal\" \/>\n<meta property=\"og:description\" content=\"Important steps you should take to close a real estate deal without troubleUnlock the essential steps to successfully close your real estate deal hassle-free. From negotiation tactics to paperwork mastery, explore expert advice and ensure your transaction sails smoothly to completion\" \/>\n<meta property=\"og:url\" content=\"https:\/\/property254.co.ke\/blogs\/steps-to-close-a-real-estate-deals\/\" \/>\n<meta property=\"article:published_time\" content=\"2024-05-22T11:54:38+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T15:37:38+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/property254.co.ke\/blogs\/wp-content\/uploads\/2024\/05\/Essential-Steps-to-Real-Estate-Success.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"445\" \/>\n\t<meta property=\"og:image:height\" content=\"292\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Peris Gachago\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Peris Gachago\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/property254.co.ke\/blogs\/steps-to-close-a-real-estate-deals\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/property254.co.ke\/blogs\/steps-to-close-a-real-estate-deals\/\"},\"author\":{\"name\":\"Peris Gachago\",\"@id\":\"https:\/\/property254.co.ke\/blogs\/#\/schema\/person\/9128f1b986c24db4f3805ac1f37eb793\"},\"headline\":\"10 Key Steps to Close a Real Estate Deal\",\"datePublished\":\"2024-05-22T11:54:38+00:00\",\"dateModified\":\"2024-06-11T15:37:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/property254.co.ke\/blogs\/steps-to-close-a-real-estate-deals\/\"},\"wordCount\":1117,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/property254.co.ke\/blogs\/#organization\"},\"image\":{\"@id\":\"https:\/\/property254.co.ke\/blogs\/steps-to-close-a-real-estate-deals\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/property254.co.ke\/blogs\/wp-content\/uploads\/2024\/05\/Essential-Steps-to-Real-Estate-Success.jpg\",\"articleSection\":[\"Tips Advice\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/property254.co.ke\/blogs\/steps-to-close-a-real-estate-deals\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/property254.co.ke\/blogs\/steps-to-close-a-real-estate-deals\/\",\"url\":\"https:\/\/property254.co.ke\/blogs\/steps-to-close-a-real-estate-deals\/\",\"name\":\"10 Key Steps to Close a Real Estate Deal -\",\"isPartOf\":{\"@id\":\"https:\/\/property254.co.ke\/blogs\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/property254.co.ke\/blogs\/steps-to-close-a-real-estate-deals\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/property254.co.ke\/blogs\/steps-to-close-a-real-estate-deals\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/property254.co.ke\/blogs\/wp-content\/uploads\/2024\/05\/Essential-Steps-to-Real-Estate-Success.jpg\",\"datePublished\":\"2024-05-22T11:54:38+00:00\",\"dateModified\":\"2024-06-11T15:37:38+00:00\",\"description\":\"Important steps you should take to close a real estate deal without troubleUnlock the essential steps to successfully close your real estate deal hassle-free. 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