Your closing day is a big milestone in the buying process. It’s the last step in taking ownership and typically on this day you handle the paperwork and pay taxes, fees and other closing costs. The home closing date is usually predetermined based on the builders’ delivery schedule. It’s also the day when you get your keys. A lot of things have to happen on the day you close, but don’t worry our team is here for you every step of the way. Below we’ve outlined some of the key information that you will want to know when you near the closing of your home. We have also created a handy checklist that you can download to help you through the closing process.
Before you can close your home, you’ll need to do several important things, including:
- Review your closing documents at least three days before your closing date
- Secure your homeowner’s insurance policy, an HO6 policy for townhome buyers. You will need to supply a copy to your lender.
- Obtain a casher’s check for the total amount of funds due at closing.
- Coordinate your utilities (gas, electrical, water, etc.)
- Pack your belongings and hire movers
- The day before closing, contact your bank to wire the total funds due for closing.
When it comes to home insurance, movers and utilities, it’s helpful to get a few quotes and/or recommendations from family and friends. As part of your Homeowner Guide we will provide you with local information about utility companies and phone/cable/internet service-providers specific to your new community.
We have also created a handy checklist that you can download to help you through the closing process.
Still have more questions? Visit our FAQ.