If you have come this far, then this means that it is almost time for a congratulations, but not yet. Do not forget to tie up these loose ends:
Final Walk-Through Inspection
More of a formality than anything else, the final inspection takes place just before closing. You will visit the property to verify that all is in working order, everything is the same as when you last viewed the property, that there are no extra items left behind, and that everything included in your purchase is still at the property.
Home Services and Utilities
We will provide a list of useful numbers for the activation of home services and utilities after the closing occurs.
We are ready to assist you should an unforeseen glitch pop up, even at this last stage. Something at the property breaks down, or some other minor detail – no need to worry. We have encountered these problems before so we know how to handle them efficiently and in a stress-free manor.
The title company will furnish all parties involved with a settlement statement, which summarizes and details the financial transactions enacted in the process. You and the seller(s) will sign this statement, as well as the title company, certifying its accuracy. If you are obtaining financing, you will have to sign all pertinent documentation required by the lending institution. If you are unable to attend the scheduled closing, arrangements can be made depending on the circumstances and the notice that we receive. If you are bringing funds to the transaction, you can elect to either have the funds wired electronically into the title company’s escrow account, or bring a certified bank check to the closing in the amount specified on the settlement statement. If you are having your funds electronically wired to the title company, it is imperative that you call the intended recipient (at a phone number you recognize) to validate and confirm wiring instructions! These wiring instructions will never change throughout the transaction. Never hesitate to ask us questions, and be suspicious and report any email you receive suggesting that you wire funds. Wire fraud is real!
The seller should arrange to have all property keys and any other important information for you at the closing so that you may receive these items at this time.