Making sure you have the right documents ahead of time is one of the best ways to ensure residential closings go smoothly. Whether you are buying or selling a home, knowing what paperwork is required can help reduce stress and prevent unnecessary delays.
If you are buying property, make sure you bring a government-issued photo ID to verify your identity at your closing appointment. In addition to your ID, you should also bring proof of your homeowners insurance policy. Many lenders require that you have coverage in place before releasing mortgage funds for the purchase. Your lender will provide the final loan documents, including the promissory note and mortgage deed of trust, which your attorney will look over with you at the closing appointment.
As the buyer, you may also need to provide a certified or wired payment for closing costs and your down payment, depending on your lender’s instructions. Always confirm your payment details in advance to avoid last-minute problems at residential closings.
If you are selling a home, you will also need to bring a valid photo ID to closing, as well as the property deed and any payoff statements for an existing mortgage. Additionally, you should provide keys, garage door openers, and access codes, along with complete seller disclosures if required.
As your closing attorney, we will make sure all required documents are in place for your closing appointment. To learn more about what to bring to residential closings or how you can prepare, contact us today.