Excitement is in the air. You’re so close to finally closing on your dream home that you’ve always wanted. The summertime is an incredibly popular time of the year where people will close on a home that they have always wanted. However, many first-time buyers are unaware of the loan closing process. This can lead to some confusion along the way. Fortunately, we here at Clean Title LLC. have some information for you that will prepare you for the home closing process. This will greatly alleviate any stress that you may experience along the way and give you some insight on how to successfully close on a home.
Have Patience When Choosing Your Closing Date
The closing date is the day that you finally get the keys to your new home. You and your family have always wanted to move into such an incredible house and the summertime is the perfect time to do it. However, the lender that you choose to work with will end up setting the closing date for you. They will have more wiggle room to determine the date. It is important that you stay patient during this time and do your best to negotiate the date if necessary. You’re so close to getting your new home. You only have a little bit further to go!
Preparing for The Closing on Your Home
Here are a few things that you will want to make sure that you have in order whenever you near the closing date:
- Curative services prepared
- Title insurance agent
- Home inspector contacted
- Escrow officer contacted
Clean Title LLC can provide these services for you to ensure that your home is prepared for the closing date that is slowly approaching. This will ensure that everything runs smoothly whenever the closing date approaches.
Understanding How Long it Takes to Close on a House
People can become impatient during the closing process. This anxiety that a new homeowner feels is absolutely understandable. You will no doubt feel the jitters whenever you decide to get your first home with your spouse. Fortunately, we have some facts that will help quell your concerns during this time.
- The average amount of time it takes to close on a home is 41 days.
- 1/3 of all closing processes face some kind of hiccup along the way.
- Less than half of these hiccups are caused by some kind of financial problem that happens along the way.
Don’t feel discouraged if some of these statistics apply to you. Millions of Americans go through some kind of ordeal at some point or another whenever it comes to getting their dream home. Clean Title LLC is here to work with you every step of the way to ensure that you get the home that you have always wanted.
What Documents to Bring on Closing Day
Finally, you have succeeded in making it to C-Day! You have been waiting patiently for some time now. Fortunately, there isn’t much left to do besides provide important documents and move your belongings into your home. However, it is important that you bring specific documents to your mortgage loan officer on this day.
- Photo ID
- Certified check or cashier’s check that can be given to your loan officer
- Outstanding documents for the title company to verify
What Else Can I Expect on Closing Day?
There are just a few more documents to sign on closing day that will ensure that the house is officially yours. You will need to do these actions to get your home.
- Pay any remaining costs that are needed.
- You will sign documents to verify that you are the owner of this home.
- You will also sign legal documents that verify the mortgage of trust for your home.
Getting The Dream Home That You’ve Always Wanted
Many Americans want to get the home of their dreams. It can be difficult to raise a family otherwise whenever it comes to providing a stable household and enough room to grow. Fortunately, there are always options available to get the home that you’ve always wanted. However, the process is confusing at first for first-time homebuyers. Clean Title LLC hopes that you use this guide to make the home closing process much smoother. You will want to work with real estate professionals that you can trust during this time. Clean Title LLC is here to provide assistance during the homebuying process. Be sure to contact us today to schedule your professional appointment. Our team is standing by to help you with all of your real estate needs.