If you are feeling fortunate enough to close on your home or investment property today, don’t miss this chance to make the closing process smooth and easy. Here are 10 things you should bring to the closing in order to make your life easier:
1. A list of all bills that are due before and after the closing date
2. A copy of both credit reports
3. Copies of all financial documents that have been sent to the mortgage company
4. Proof of homeowner insurance coverage for no more than 30 days after your closing date
5. Proof of any escrow account that is owed to you from another transaction (e.g., a condo conversion)
6. The original purchase contract and any other notes or documents related to the purchase
7. W-2s or 1099 statements for yourself, spouse, and anyone else who will be living in the home at time of closing
8. Your Social Security Number and proof of income
9. Payment for property taxes on day of closing
You should bring a copy of your closing documents to the closing. You can also download your closing documents from the mortgage company's website. If you don’t have a printer or if these documents are too large, you can print out these documents and take them with you to the closing.
The following items may be helpful:
• The original sale contract, purchase agreement, and any other notes or documents related to the purchase
• A list of all bills that are due before and after the closing date
• Copies of all financial documents that have been sent to the mortgage company
• Proof of homeowner insurance coverage for no more than 30 days after your closing date
• Proof of any escrow account that is owed to you from another transaction (e.g., a condo conversion)
• W-2s or 1099 statements for yourself, spouse, and anyone else who will be living in the home at time of closing
• Your Social Security Number and proof of income
1. Make sure the company is registered with your state's Real Estate Commission
2. Make sure all the necessary paperwork for the closing has been sent to the mortgage company
3. Get a new account number if you have had a change of address
4. If you are selling your home, make sure your agent gets transferred to the new owner's account and sends in any necessary paperwork at that time
5. If you are purchasing a home, make sure everything is set up as desired before actually closing on the house
6. Close on the day of closing and secure any remaining items required by the mortgage company or title company
7. You can request copies of documents that were provided to you by your loan officer
8. When it comes to selling your home, consider using an online listing service like Zillow or Realtor.com
9. Consider having an itemized list of what was accomplished during your work period completed by a professional organizer
1. The mortgage company will provide you with a closing statement
2. You may need to sign the mortgage note
3. You will receive your payoff statement, which shows how much money you’ve been paid by the seller
4. Sign the deed that transfers ownership of the property
5. Prepare for closing day: Take care of any last-minute needs or purchases, such as pet supplies, moving boxes and packing materials, cleaning supplies, etc
6. Leave extra copies of all documents in a safe place after signing
7. Dress up in your favorite clothes on closing day
8. Make sure to take pictures of everything that is happening during the process