Tucked along the Florida coastline, south of the City of Miami and Coral Gables, the lush area of Pinecrest, Florida awakes each morning with dew-covered foliage and lazy streets canopied by oaks
Real Estate Closing: The Home Buyer’s Guide
Dated: September 20 2022
Views: 80
Purchase Agreement Acceptance: Next step is to schedule the applicable inspections.
- General home inspection.
- Pest control
- Radon gas
- Well water
- Septic system
- Oil tank
Submit a mortgage application to lock in the interest rate.
After the purchase agreement acceptance:
- Take any photos and measurements of the property you need.
- Submit home inspection issues to be remedied by the seller.
- Work with your real estate professional to schedule a closing day.
- Coordinate with your lender to schedule and conduct an appraisal.
Two weeks before closing:
- Purchase a homeowner's insurance policy that takes effect at closing.
- Get in touch with your lender to confirm that all necessary actions have been taken.
- Submit address change to post office.
One Week Before Closing:
- Obtain closing attorney information from agent if needed.
- Contact utility companies to transfer services.
- Request cashier's check or certified funds for closing.
Three Days Before Closing:
- Obtain a HUD-1 Settlement Statement from the closing attorney.
- Request copies of closing paperwork from the attorney.
- Purchase title insurance if necessary.
A Day Before Closing:
- Do a walk-through to verify the condition.
- Review inspection letters to confirm that all "issues" have been addressed.
- Assess the HUD-1 Settlement Statement to ensure that all terms are correct.
The Day of Closing:
- Bring the following:
- Government-issued photo ID.
- Certified funds or cashier's check.
- Proof of insurance.
- Final purchase agreement.
- Read and sign closing paperwork.
- Pay your lender.
- Get your keys and begin the move-in process.
Ask your realtor or attorney to explain all of the documents you will sign as there are upwards of 100 pages.
Under normal circumstances, you will receive the keys at closing. The closing process usually takes between 1-2 hours. The keys are given to you once the loan has been funded.
If you’re looking for a Realtor, or a real estate team that will represent your interest at every step of your property transaction NextHome Merrick Realty Group has a team dedicated to our sellers, buyers, and investors’ greatest interest.
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Copyright © MFRMLS.com All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated Last updated on September 22, 2023 10:14 PM UTC The listing information on this page last changed on Last updated on September 22, 2023 10:14 PM UTCd. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MFR MLS.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Updated on September 22, 2023 10:14 PM UTC
MIAMI ASSOCIATION OF REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested
Information is deemed to be reliable, but is not guaranteed. © 2023 MLS and FBS. Prepared by Florida Keys MLS, Inc. on September 22, 2023 11:06 PM UTC The information on this sheet has been made available by the MLS and may not be the listing of the provider. The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information
