Don't
Jeopardize Your Loan
Taking out a another loan, buying a car, or making large credit card
charges before you close can jeopardize your loan commitment. Lenders run
a second credit check prior to closing to check for new charges.
Time to Close
Closing at the beginning of a month, the lender will require you to
"prepay" the interest on your loan from the day of closing to the end of
the month. Therefore the cash you need to close will be more than if you
close at the end of the month. Talk with your lender about this.
Buyers
Remorse
It's common for buyers to feel stressed or remorseful during and after the
purchase of a home, Educating yourself about the buying process will help
minimize "buyers remorse". You will probably forget it soon after you move
into your new home.
Notify
Services & Utilities
Don't forget to contact services such as: post office, insurance, movers,
telephone, utilities, newspaper, etc. a few weeks prior to you moving out
to "change over" billing/mailing addresses.
Arrange for Mover
Get a couple of written estimates from movers on the services they provide
for the costs of your move. Check the local Yellow Pages to get quotes and
contacts.
Final
Walk Through
Do a final walk through as close to the sign off as possible. Check
appliances for operability. Test outlets with a radio or test device. Turn
on light switches. Check water faucets and toilets. Make sure promised
cleaning and repairs have been completed. Check that all items included in
the purchase of the home (review contract) are present. For new
construction, write down what needs to be completed or fixed, have builder
sign. Include the date when these items will be completed.
Closing Costs
You will have to have your closing cost monies deposited in escrow before
you can close. Don't bring in a personal check to pay. Money should be in
the form of a certified check or a money wire transfer. Check with your
escrow officer.
