get to the closing table

You’re almost there, you’ve made it through house hunting, inspections, appraisal and underwriting. Now what?

1. Insurance Requirements

   Most lenders require both home insurance and title insurance. Homeowners insurance protects your home and possessions against damage and theft, while title insurance protects the lender and/or homeowner from financial loss against claims regarding the legal ownership of a home. Policies vary so it's recommended to get quotes from multiple companies to compare price, coverage and limits. Not having insurance can definitely delay closing!!

2. Closing Disclosure

   At least 3 days before closing, lenders are required to provide you with a Closing Disclosure with your final loan terms and closing cots for you to review. Closing costs for the buyer typically range from 2-5% of the purchase price, which can include lender fees, lender’s title insurance, and HOA dues if applicable.

3. Within 24 hours of closing we will do a final walk through of the home before signing the final paperwork. This last step is to verify that no damage has been done to the property since the inspection, that any agreed upon repairs have been completed, and that nothing from the purchase agreement has been removed from the home.

final credit checks are standard

Once all of the above are completed, your Next Step is CLOSING!

I’d love to connect with you if you are thinking of buying, selling, or investing. Find me on social media Tayler Burton- Real Estate Agent and TaylerinRealEstate

buy with confidence,

💗 Tayler