Closing day is the day when you finally take legal possession and get to call this house your home or this property your own.
But do not forget to tie up these loose ends:
Final Walk-Through Inspection.
More of a formality than anything else, the final viewing takes place a day before, or the day of the closing. You will visit the property to verify that all is in working order, everything is the same as when you last viewed the property, that there are no extra items left behind, and that everything included in your purchase is still at the property.
Home Services and Utilities.
We are happy toprovide a list of useful numbers for the activation of home services and utilities after the closing occurs.
We are ready to assist you should an unforeseen glitch pop up, even at this last stage. Something at the property breaks down, or some other minor detail – no need to worry. We have encountered these problems before so we know how to handle them efficiently and in a stress-free manor.
Here is what you can expect on closing day:
- Your lender will give the mortgage money to your lawyer
- You must give the down payment (minus the deposit) to your lawyer. You must also give the remaining closing costs.
- Your lawyer pays the seller and registers the home in your name.
- Your lawyer gives you the deed and key to your new home.
Whether it’s weeks or months between finalizing the deal and actually moving in, it is now just a matter of planning your move: hiring a mover or renting a truck and doing it yourself; arranging services such as electricity and cable, rerouting your mail; and other moving essentials.
After that? Congratulations and welcome home!