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What Happens on Closing Day

January 30, 2015 By ERA Archibald Real Estate

closing day rigbyHere are a list of items that typically happen on closing day and what you should be prepared for:

  • You will be asked for a paid home insurance policy.
  • You will sign the mortgage.
  • You will sign the mortgage note.
  • You will receive the title.
  • You will pay the closing costs if applicable.
  • The deed and mortgage will be recorded.

What should you do after closing?

  • Have the locks changed.
  • Place the title and other important paperwork in a safe place.
  • Enjoy your new home!

Filed Under: Buyers

Comments

  1. k says

    February 2, 2015 at 9:00 pm

    Don’t forget to have the utilities changed into your name!

    • Jackie says

      May 14, 2015 at 10:47 pm

      Also, be sure to go to the Assessors Office and fill out the paperwork for the Home Owners Exemption.

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