PREPARING FOR CLOSING DAY Typically you will have anywhere from 30 to 90 days before closing day. The closing date can be the same as your move-in date, however, this is not always possible. Check with your lawyer or agent to f ind out when your keys will be available on the closing date. It is normal that the exchange of money and title be complete before keys are released which could be late in the day
Remember, this is an exciting time! Being organized well in advance will pave the way for a much more enjoyable journey. Here are a few details to take care of before your closing date:
• Legal Stuff and Paperwork You and your agent will need to provide your lawyer with all the necessary documentation for your purchase. Your agent usually takes care of the agreement, waivers, survey and any other purchase documents. However, you may need to provide your lawyer with some additional information: insurance, down payment information, adjustment payments, and other signed documents your lawyer may request. • Down Payment and Closing Costs Make the necessary arrangements to have these funds available a week prior to closing or when the lawyer has requested funds. • Moving Arrangements & Change of Address Whether you are using professional movers, renting a truck, or getting a bunch of friends together, plan and organize it early. • Property Insurance Arrange for home insurance before closing and request a proof of insurance at your financial institution in advance. Provide your insurance agent with the listing information and details such as age of the house, pool or no pool, type and condition of the roof, condition of the furnace, electrical and type of exterior. • Utilities
Contact the local utilities to coordinate the change of billing on closing. Including phone, internet, cable, gas, electricity, water, and any rental agreements. Don’t forget to cancel the services at your old address. • Schools Inform your children’s old and new schools about the move and arrange any necessary record transfers.
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