What Happens on Closing Day?
Can you even believe it? You’ve been counting down the days until closing—and it’s FINALLY here!
I’ve compiled a short Closing Day Q&A on what you can expect as you roll up to the closing table (no worries...you got this!).
Q: Who will be there?
A: Situations vary, but you can expect some combination of these folks: Buyer (that’s you!), seller, real estate agents, closing agent/attorney, mortgage lender, and title company representative.
Q: What will I do?
A; Stretch those fingers and get ready to sign, sign, sign. At closing, the seller will sign ownership of the property over to you, and you’ll sign to receive possession.
Q: What should I bring?
A: Bring a photo ID and a cashier’s check to pay any closing costs. Your agent will tell you any other documents specific to your situation.
The closing process is relatively simple, but be prepared for A LOT of paperwork. (And always, always, always ask if you have a question along the way.) The good news is once you’ve signed the last page, it’s time to get a hold of those keys and celebrate!
Next week in our challenge—we’ll recap the journey you’ve been on and celebrate all you’ve learned. I can’t wait!
Until then, shoot me a message and let me know how I can help you achieve your homeownership dreams in 2021.