To-Do Before Closing

Celebrate!!!
 
Alert your lender that you have bought a house! He will let you know what he needs from you (I will provide him a copy of your contract).
 
4 Weeks Before Settlement

  1. Shop around for Homeowner's Insurance (your lender will recommend some companies to you).
  2. Hire/schedule moving company.  If you are packing yourself, obtain packing materials and start packing items you won't need until after you arrive at your new home.
  3. Check with your insurance company to determine how your possessions are covered during transit.

 
3 Weeks Before Settlement

  1. You will receive a letter from the settlement company introducing themselves and asking for information. Call me if you have any questions or concerns with their package.
  2. Keep all homeowner's documents in one file. Also, collect your important records: gather personal and family records (including medical and dental), veterinary and school records, legal and financial documents, birth certificates, passports and insurance documents.
  3. If moving to another state, prepare auto registration for transfer.
  4. Properly dispose of items that cannot be moved such as flammable liquids.
  5. Drain oil and gas from your power equipment. For items of value, obtain appraisal and gather receipts. Donate items to Salvation Army - save receipts.
  6. Have your yard sale!
  7. Make arrangements to take off work on settlement day.
  8. If you want cable/satellite TV on "Day 1" in your new home, schedule it now!
  9. Schedule maid service to clean your new home.

 
2 Weeks Before Settlement

  1. Alert the Post Office of your change of address for forwarding - change your address online.
  2. Retrieve any borrowed items such as library books and retrieve any loaned items.
  3. Cancel newpaper delivery.
  4. Transfer prescriptions and be sure you have an adequate supply of medications on hand.
  5. Reconfirm moving date/time with movers.

 
1 Week Before Settlement

  1. Don't hesitate to call the settlement company with any questions. (They will not be able to give the exact amount you must bring to settlement until literally the "eleventh hour"- most likely, the day before settlement.) As the settlement company needs information from you, they will be in touch.
  2. Call and have utilities put in your name as of the day of settlement. (Gas, phone, electric, water, cable, etc.) Have service turned off at your old address.  If you have "last month" deposits with services, such as the telephone company, request your refund.
  3. Pack your "Survival Kit" for the first few days in your new home (toilet paper, sheets, tooth brush, paper towels, cleaning solution, sponge, broom, tools, medication, aspirin, keys, new phone number, disposable utensils, paper plates, cups, travel alarm clock, checkbook, credit cards, flashlight, cash, payment for movers). Also, pack a suitcase with clothing and other personal items.
  4. The day before moving day, set aside anything that will travel in your car so it will not be loaded in the truck.
  5. Pack a box of items that will be needed FIRST at your new home and clearly mark this box "LOAD LAST".
  6. Update or open new Bank Accounts.
  7. Defrost freezer- get rid of perishable food you won't eat before moving.

 
Day Before Settlement

  • Have settlement company tell you the exact amount of funds you will need to bring to settlement. Payment must be made in the form of a cashier's check paid to the order of the Settlement Company. The settlement company will not be able to give you an exact figure until literally the day before or even the morning of settlement.

Day of Settlement

  • We will perform a walk-through at the property one hour before settlement. We will inspect the property to ensure that all home inspection and walk-through items were completed by the seller and verify the home is in the same condition it was when our contract was written. This usually takes about 45 minutes.

 
Settlement takes about 1 to 1 ½ hours to complete. After that, you own the home, receive the keys, and are free to move in that day!! 
 
Be sure to make arrangements to change locks on doors of your new home.

Add your settlement sheet to your Homeowner's file. I will send you a reminder at tax time of all the SIGNIFICANT write-offs you are now entitled to!!
 

CONGRATULATIONS ON YOUR NEW HOME!!
Please call me if you have any questions AFTER you move in.

And Oh By The Way... I'm NEVER too Busy for Your Referrals!!!!!!