There are four key things you need to remember before closing. Being prepared could be the difference between success and a broken deal.
Looking to buy a Home in Northeast Ohio? Search all Northeast Ohio homes for sale. Selling Your Home in Northeast Ohio? Use our home evaluation tool.
Looking to buy a Home in Northeast Ohio? Search all Northeast Ohio homes for sale. Selling Your Home in Northeast Ohio? Use our home evaluation tool.
So you’ve made it to closing. The inspections and repairs are complete, insurance is ready to go, and all of the details seem to be taken care of. In actuality, though, there are four things you need to think about before closing.
First of all, remember to schedule and confirm your closing date and time. Closing can’t take place if you and the other people involved aren’t both aware of exactly when to meet and sign the final papers.
Make sure you allow for plenty of time for closing, as well. Don’t just use your lunch hour to sign the papers. If you don’t already have the day off, take a half or full day from work to give yourself some leeway. Things could come up and if they do, you wouldn’t want to have to rush.
Next, don’t forget to complete a final walkthrough. Even if a home was in perfect condition before, damage could have occurred since the last time you saw it. Schedule this walkthrough several days in advance and be prepared to negotiate if something is wrong.
Always come to the closing table completely prepared.
Third, remember to bring any and all documents with you to the closing table. Everything that you have, even if you think you won’t need them, should be brought along with you. Make sure you bring a certified check. You should always come to the closing table completely prepared.
Finally, you should always be aware of what could go wrong. A lender could pull out of the deal at the last minute. This could be for a number of reasons. Things like recent credit card debt or job loss could break the deal.
Being prepared and staying consistent until after closing is complete is critical to your success. Whether you are a buyer or seller, you need to know exactly what will be required from you at closing. Additionally, liens on the property will almost always be discovered, so make your title company aware well in advance.
If you have any questions about closing on a home or you're thinking about buying or selling a home, don't hesitate to reach out to us. We'd be happy to help you.
If you have any questions about closing on a home or you're thinking about buying or selling a home, don't hesitate to reach out to us. We'd be happy to help you.
