If you have any questions about real estate closings, Expert Title Company is your source for information and quality service. You can give us a call at (954) 570-5959, or visit us our office at 1761 W. Hillsboro Blvd, Suite 205, Deerfield Beach, FL.
What You Need at Real Estate Closings
Throughout the home search, you’ve probably amassed a mountain of paperwork. Bring these documents with you to the closing just in case you need to refer to them —particularly your proof of homeowner’s insurance and your copy of the contract.
Bring your identification and discuss with your lender how you’ll make the down payment and closing costs that are separate from your loan. You may be able to transfer these funds electronically based on an estimate before the closing, but you could also be asked to use a cashier’s check or certified funds. You should bring your checkbook, too, just for good measure.
What Happens at the Closing?
As a buyer, you’ll sign a many legal documents including paperwork related to your mortgage and paperwork dealing with the transfer of ownership of the property. You’ll also pay closing costs and fees and the initially required escrow payments for your homeowner’s insurance and property taxes.
Procedure may vary slightly by location, but at closing, there’s usually a representative from a title company or an attorney. But it is not unusual for both the seller and buyer to have an attorney present. Typically your real estate agent, the seller’s agent and the seller will be present at the closing. Some lenders attend the closing, but others simply provide the loan documents to the title company in Deerfield Beach.
When your closing is finished, you should not only have your keys to your new home, but you also need a pile of documents for future tax returns and if you should ever want to sell your property. Contact Expert Title Company today and get into the home you deserve. We are standing by waiting to assist you.