Your Home Closing Checklist

home closing checklist

Use your home closing checklist to make sure your closing runs smoothly.

A real estate closing consists of many details and more parts than you may expect. If this is your first time closing on a new piece of real estate, it can be incredibly daunting to keep track of everything going on at once. To make the process easier and more manageable, we suggest creating a home closing checklist that helps you keep track of what you have completed and what still needs your attention. When you work with Colony Title Associates on closing your home purchase, we help you stay on top of everything you need to do. Keep this list close to help you prepare for each new step in the closing process. 

Time and Location

With the high volume of messages sent about your home closing, it can be easy to mix up the closing time and location. Double-check this critical piece of information and mark it on all of your calendars. 

Cash to Close, Wire Instructions, and Lender Requirements

If a buyer comes to the home closing without the proper amount of money, this will delay the closing. Double-check that you have the right amount and the appropriate wire instructions for wiring funds without issue before the closing. Finally, make sure that all requirements made by the lender have been met. 

Closing Package Received

Make sure the title company has received your closing package before settlement. If the title company doesn’t receive the package before closing, all parties involved may experience long wait times. 

Bring Two Forms of I.D. 

When completing a home closing, you must bring at least two forms of identification. One must be government-issued and include a photo, such as a driver’s license or passport. The other must at least have your name printed on it and can include a Social Security card, credit or debit card, or insurance card. 

Prepare Questions

You should have a list of questions prepared before the home closing is complete. Ask questions such as: 

  • How will I pay property taxes and homeowners’ insurance? 
  • Where will I send monthly payments?
  • How do I pay any required Homeowners’ Association dues? 
  • Who can I call if I have questions after closing? 

Closing is a perfect time to have these important questions answered, and saves you from calling or emailing people later on a tighter schedule. 

Review the Settlement Statement

The settlement statement should be reviewed before arriving at the settlement table to avoid further delays during closing. Check carefully every number to make sure nothing is incorrect or missing. If you notice anything inaccurate, alert the title company immediately to fix the items before the closing date. 

By following this home closing checklist and adding some important items specific to your new property, you can prepare for a smooth and efficient settlement and closing experience. 

A Title Company You Can Trust: Colony Title

At Colony Title, we will help you through the process of getting your property’s title and help you avoid the pitfalls of hidden costs while you buy your home. We are also well trained in identifying any and all errors in public records and helping you resolve them. We specialize in real estate title insurance in both Maryland and Washington, D.C., and we will perform an expert title search, check through all past documentation, and examine records for any fraud or forgery. For more information on how we can get you into the home of your dreams, contact us online or give us a call at (410) 884-1160. To get more updates on housing markets and how to get into your home, follow us on Facebook, Twitter, and LinkedIn.

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