JO, I absolutely disagree with having the sellers leave prior to the ENTIRE closing being completed. In our area of the country, buyers aren't squeamish about having the sellers present because that's the way it's always been done and most of them expect a room full of people to be present. They seldom pay attention to the buyer anyway - if they do it's to chit chat about the begonias, the kitchen door sticking, etc. Most times, the realtors keep the sellers occupied to the point you must force your buyers to pay attention to you and not what else is going on in the room. If you allow the sellers to leave and the buyers fail to complete the purchase, you're in a very awkward position trying to track them down and get that check back. Also, every so often there is a form in the loan package requiring the seller's signature - flood cert and doc correction agreement come to mind. |