How to prepare for your closing..
By RealtyCrunch Inc•May, 5th 2020
Leading up to a closing can be a very stressful time for home buyers. Understanding what happens days prior to closing can help ensure a smooth transition.
In a typical situation, below you’ll see a step by step guide of what happens the week before closing:
- Your mortgage lender will send you a Closing Disclosure that gives you details on the final terms and cost of your mortgage
- Buyer needs to obtain a cashier’s check in the amount stated in the disclosures (or wire the money to the title/escrow company)
- Buyer brings a copy of the home insurance policy
- Be proactive and stay in touch with your key points of contact