Closing On Your Basking Ridge Home
Posted on November 10th, 2009 by Adrienne
Many people feel intimidated about closing on a home they just bought. Have Adrienne Francis go over the entire closing process BEFORE you even buy. It will give you confidence you need when you purchase a home in Basking Ridge.
Tip #1
- Review all the documents.
- Ask for a closing package 2-3 days before closing so you can have time to review it with an real estate attorney.
- Analyze all the estimates that were given to you and be sure that the loan is the one that you agreed to.
Tip #2
- Make sure to get the final estimate from the title company you are working with and discuss the money required to cover all the other remaining down payment and closing costs.
- A Cashier’s check needs to be filled out to pay the funds.
Tip #3
- Make sure all inspections, work and repairs are completed before you sign any documents.
Tip #4
- Walkthrough the property for a final review of the property before closing.
- Be sure everything you agreed to is completed to the specifications of your contract.
Tip #5
- Make calls to the phone, water, garbage, gas, and electric companies and make sure the service is in your name.
- You should do this approximately a week before the closing.
Tip #6: The Day of the Closing
- Make sure to have your closing money in Cashier’s check, proper identification and your file of the transaction with you.
- Children should not be present at closings. Find a sitter for the children for at least 3-4 hours.
- Arrive on time. The title company, mortgage company, Realtors and sellers cannot start without you.
- Review all documents once more with the closing officer.
- Sign all documents as directed.
- The sellers of the home will be present for the closing. This is a good time to obtain keys, garage door openers, user manuals and as much information about the mechanicals about the house as you can.
- Exchange all contact numbers with the sellers, for future questions. You may also have some of their mail still coming to the house and you will want to forward it on.
That’s it! The house is yours! Enjoy your new home and really live in it. Make memories with your family and be proud to be a homeowner in America! Call Adrienne at 201-259-4449 for more information on Basking Ridge real estate.




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