A SMOOTH CLOSING

EXPERIENCE A SMOOTH CLOSING ON YOUR HOME

With the help of an experienced, knowledgeable Lake Ashton Resales realtor you have found the perfect pre-owned home in Lake Ashton.  The offer has been accepted, contract has been signed, financial approval has been received, movers have been hired, now what? It’s time to prepare for the closing. In a perfect world, the road to closing on a home is a joyful, stress free experience without detours or dead ends. Unfortunately, that’s not always the case. Closing on a home can be complicated and present unexpected surprises, even to the best of us.  The key is to remember to breathe, and trust your realtor, lender, and closing agent.  Together, they are working for you to ensure a pleasant experience for everyone. With careful, diligent planning, it’s possible to experience a hassle-free closing to purchase the home of your dreams in Lake Ashton. Follow these THREE easy tips to help you with your next closing.

TIP #1 : HAVE YOUR DOCUMENTS TOGETHER

Gather your bank statements, pay stubs, tax returns and other documents as soon as possible- even before you begin looking for a house to buy in Lake Ashton.  Getting these documents together in advance will reduce the time it takes to get your loan approved and processed. Not sure what documents you need? Contact your local bank or mortgage lending institution for a checklist.

TIP #2: WORK WITH AN EXPERIENCED MORTGAGE LENDER

Find an experienced professional with a proven track record. Make sure that your mortgage consultant works for a company that can provide a wide selection of mortgage products. Ask what the average time is for processing a loan application, and how quickly they will be able to complete your mortgage.

TIP #3: CONTACT YOUR LENDER ON THE DAY OR DAY BEFORE YOUR CLOSING

A day or two before closing contact your lender and ask if everything is ready for the closing date. It never hurts to make one, final verification with the lender. Notoriously, they ask for information at the last minute.

While the closing process may seem overwhelming it can go smoothly if you prepare. Don’t hesitate to ask questions, and be in constant communication with those working on your behalf.

Categorised in: Uncategorized