Real Estate Closing Resources

With the recent changes in the lending industry, learning from an experienced attorney has never been more important.

In a word, yes. For many, it’s the single-largest purchase of their lives. Real estate transaction is extremely complex. Did you know that there is a checklist of 150 different events and action steps that have to take place at the proper times to make sure the closing goes smoothly?

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There will be a period of time between 30-45 days from the offer until the closing date, in that period of time, you’ll need to, hire a home inspector, finalize terms of the purchase and sale, work with your lender to get them everything that they ask for.

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Purchasing a home is an exciting and sometimes overwhelming venture for a buyer. To help ensure your closing goes smoothly, here’s a few tips on what you will need at your closing

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You’ll get the financial information a few days beforehand from your lender This document will have all of the numbers and figures you can expect on the settlement statement. Familiarize yourself with the figures before closing day so you’re prepared

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Avoid making any large purchases: New vehicles Vacations Long term financial obligations such as personal loans Large credit card purchases In general, be very careful with your purchases for the entire period of time between offer and closing.

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