Saturday, July 27, 2019 / by Barry Owen
For most transactions, 10 Days prior to closing marks the final sprint to the finish. Odds are good that the Loan is approved, the inspection and appraisal contingencies are satisfied, and you are well on the way towards moving into you new house.
These final 10 days are very important. There are potentially many "loose ends" for us to tend to in order to close the transaction as planned.
Your Vital Few REALTOR will be very attentive to all of these details.
We will be paying attention to:
If the house is in a neighborhood with a Home Owner association, we will be checking to be sure the Seller is in good standing with dues . . . and that you are appropriately added as an owner resident.
We will order the Home Warranty (if applicable).
This is a period of time during which we (your agent) will be making contact with every person involves EVERY day until the closing is complete.
While this may sound "overboard", this practice has saved MANY heartaches.
As we follow up with Lender, Title Company, Seller's agent, etc we looking for any signs that some detail has been missed.
If repairs were required, we are checking to be sure they are schedule to be complete before our final Walk through.
As the Buyer, your primary focus will be on 2 things:
1. Be super attentive to your lender. Often, there are last minute requirements from the loan underwriter including your "Cash to close" is in readily accessible funds and ready to be wired to the title company the day prior to the closing.
2. Start packing!
Our ultimate goal is for EVERYTHING to be complete and ready prior to the day of closing, SO . . . you can enjoy and celebrate a smooth closing experience.