The Earl of Real Estate explains the Home Buying Process - Step 9





Buying Your Home Step by Step

  1. We're ready to buy, but where do we start?
  2. Should I get pre-qualified with a mortgage company?
  3. With so many homes available, how do I find the right one?
  4. We found the right house, now what?
  5. Why is a contract called Contingent - and what should I be doing during that period of time?
  6. What is necessary to get a loan for my house?
  7. What is being done while we wait to close?
  8. How do I prepare to move?
  9. Is there anything to do before closing?
  10. What happens the day of closing?

 

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Step 9: Is there anything to do before closing?
Just prior to closing the title company will provide a settlement statement for review. The settlement statement gives a line-by-line breakdown of all charges for both buyer and seller. Another good idea is to walk back through the home just to make sure the home is in the same condition as the time of contract and verify that any repairs where completed.

 

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