You have searched the area, went to countless open houses, and have finally decided on the property you are getting. After finding your lender and getting all your numbers lined up you are officially ready to go to settlement. While it might seem like everything is said and done with there are still a couple more steps you have to take in order to ensure that everything goes through.
The following is a list of things that need to be done prior to closing;
A few days prior to closing the title company will send you a closing statement outlining all of the fees and exactly how much you need to bring to closing. The closing funds need to be with certified funds, usually a cashiers check will work best for this, it can be obtained from your bank. Once you determine the exact time you closing will take place you will show up with your realtor and someone from the title company to go over all of the paperwork and have you sign it. Make sure to get copies of everything and to read through all of the paperwork before you sign it.
Now that you have the keys the title company will send off all the necessary paperwork to make sure everything is recorded properly such as the deed and the mortgage paperwork. However, you aren't quite done yet! Now that you officially own the property make sure that all the bills associated with the property are going to the appropriate address as well as fixing any repairs that the seller wasn't responsible for fixing on the sales agreement. Moreover, if the property is not your primary residence, rather an investment, make sure to contact us at ANCHOR so we can take a lot of these burdens off of your shoulders as well as make your life easier going forward!
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