Congratulations on Closing – What to Expect

Congratulations on reaching the final steps of buying a home. If you have reached the closing process, it means you have successfully come through the ordeal of finding a home that fulfills your needs as well as budget constraints. You and the seller have reached an agreement, and you are about to be a proud owner of residential property. It’s time for the closing process. That is where the real buyer’s anxiety may kick in.
Don’t worry! We are here to help you through the process by giving you a clear idea of what it is going to be like and how you should proceed.

• The Documents – The closing involves a lot of paperwork. No matter your general interest in reading make sure you go through each and every detail. It is important to ask for the document prior to the closing so that you have enough time for a thorough reading. Even a single typo may result in a huge risk. That is why it is better to have a real estate expert review it with you.
• Prepare the Payment – Closing is when you pay off the amount you owe as per the documents. Make sure you come prepared with all the payment and a form of identification.
• The Signing – Before you sign the ownership agreement, make sure a title company has verified the taxes and every other aspect related to the property. The ownership is transferred as soon as both the parties sign the contract.

Closing is an overwhelming process but sometimes things do run awry. Having a professional by your side can save you from such unexpected events.