Whether you’re getting ready to buy your first home or sell your house to downsize, your closing date is the last big hurdle you’re going to have to face.
Selling and buying houses can be a long, stressful process. So once you finally reach the end of that road, you’re going to want to make sure everything goes a smooth as it possibly can.
Are you getting ready to start preparing for your closing date?
Here are a few tips to help you make sure your closing goes off without a hitch so you can move on to the next chapter of your life.
Create a Checklist
The closing process can be tricky to navigate. You don’t want to get to your closing day and realize you’ve forgotten something important.
As soon as you find a house to buy or a potential buyer, create a checklist of everything you need to do before the final meeting with your real estate agent.
Having a checklist will help you make sure you get everything done before your actual closing date. And, it will make the final meeting run that much smoother.
Give Yourself Plenty of Time
First things first, before you can even set a date, you want to make sure you give yourself, and the other party involved, plenty of time to get their ducks in a row.
The final date you pick depends on a few things. First, you need to take into account how you or the people buying your house will be paying for it.
If you or your buyers are planning on using cash, then you can count on a speedy closing. But, if you or your buyers are selling a house or need to get a loan, then you’ll have to wait a little bit longer.
Once you have the financials accounted for, then you need to consider how much time both parties need to move.
You never know what might happen during a move. So, you want to make sure you give every party involved plenty of time to prepare. And, go ahead and expect for your closing date to get pushed back a few times. So don’t treat your closing date as if it’s set in stone.
Plan for a Final Walkthrough
Finally, before your closing date, take some time to plan for a final walkthrough.
A walkthrough will be you or your buyer’s first real opportunity to see the house as it will look after the closing date. Which, is to say, empty and ready for move-in.
Planning a final walkthrough will give you or your buyers the chance to make sure the house is in order. And it will give you an opportunity check for any unnoticed minor damage that needs fixing before closing.
Prepping for Your Closing Date
By following these tips, you’ll be able to prepare yourself for your closing date and get over the last few hurdles of buying or selling a home with ease.
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