The Earl of Real Estate explains the Home Buying Process - Step 10





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 10: What happens the day of closing?
This is the day you have been waiting for. Congratulations! The buyer and seller each have an appointment to sign all closing documents, usually at different times. At the closing don't for get to bring certified funds, drivers license and any documents needed by lender. After closing, the lender usually funds the loan and possession is the granted to the new buyer.

 

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