Prepare For Closing

PREPARE FOR CLOSING9

After all the contingencies have been removed, it becomes the responsibility of the legal and financial institutions to prepare all the necessary paperwork. Should there be any issues, your lender or attorney should contact you.

Closing day marks the end of your home buying process, and the following items should be brought to the closing: • A certified check for closing costs and down payment. • An insurance binder and paid receipt • Photo IDs • Social Security numbers • Personal check for miscellaneous items

At closing, you will sign all your legal documents, including paperwork relating to your mortgage and the transfer of ownership of the property.

When on record, you should have the keys to the property and a copy of the documentation that relates to the property, including a statement of costs, a statement outlining your mortgage terms, your mortgage note, and a copy of your deed of trust. At the end of closing, the deed will be taken and recorded at the county clerk’s office. It will be sent to you after processing.

TIP: Make arrangements to see the new home the day before you close to ensure the home is in the condition per the contract agreement.