You have searched for the perfect home, put in an offer, had your offer accepted, gone through the inspection process, and patiently waited for closing day to arrive. Now that it’s time to close on your new house, you want to make sure everything goes smoothly, so you can get the keys as soon as possible.
To prevent any issues on closing day, there are several things you need to bring with you during real estate closings
1. A picture ID—During real estate closings, you must be able to officially prove that you are who you say you are. Make sure you have a photo ID on you, and if your spouse or someone else is going to be on the loan, make sure they have their ID with them, too.
2. A cashier’s check—During real estate closings, you must pay for property taxes, insurance, prepaid interest, the down payment you owe, and closing costs. Referred to as your “cash to close,” bring a cashier’s or certified check with you on closing day to complete this part of the transaction.
3. Proof of insurance—Before your lender can approve your mortgage, you will need to secure a homeowners insurance policy. Bring proof of this insurance to your closing appointment, so your lender can effectively fund your loan and allow you to take ownership of the property.
As your closing attorney, we will make sure you have everything you need before the day you close on your property arrives. For more information about what happens at closing, please feel free to contact us.