It’s closing time!  Signing is supposed to happen a few days before the actual closing date.  

Closing location is usually at the title company chosen by the buyer. Mobile notaries are also being utilized but some title companies will charge you for this service. Closing will not be set until the Buyer’s lender issues a clear to close (CTC) loan approval and docs have arrived at the title company.

Once closing is scheduled, we recommend calling to confirm your movers one last time.  Make sure they have the proper sized crew and truck to efficiently complete the move.  Most closings take approximately 1 hours but can take longer. While moving on the same day of closing is not recommended, if you are moving on the day of closing please be sure to give yourself enough time to complete the closing before you need to meet your movers.

A few important reminders for closing:

1. Bring your photo ID with you (ideally a driver’s license or passport)
2. Bring your checkbook (just in case)

The sellers are not present at closing as they have pre-signed all of the documents. Before you go to closing, call the Title company to verify the address.  

A note about spouses who are not on the mortgage loan:

Even if your spouse is not on the loan, most of the time your spouse must sign the mortgage to waive homestead rights (providing certain protections from creditors). Talk to your lender if you are divorced or getting divorced. You may need to bring additional documentation, such as a divorce decree. Even if your spouse is not on the deed, for a home, your spouse usually must sign the deed to release homestead rights (providing certain protections from creditors).

During closing make sure you understand how and when the taxes get paid.

 You’ll also receive a copy of the Closing Disclosure.  Hold on to this! You’ll need it next year when you prepare your taxes.