Closing day is a time of celebration. After all, you’ve sold your property and are moving to your next dream home. However, that day can also be stressful if you’re not prepared. So, with that in mind, here are some ideas for avoiding closing day overwhelm.
The first step is to ensure you have all your documents ready. Your real estate agent and lawyer will help you with this. You may need to provide government-issued ID and mortgage documents, as well as other documentation (such as the last payment of property tax.) You should also have all keys associated with your home available.
Next, be prepared for the typical closing costs you’ll incur that day. They may include lawyer fees and real estate commission, paying off a remaining loan or mortgage balance, final payments for utilities and rentals (such as a water heater), and other services.
There may also be unexpected fees associated with your move, even if you’ve already paid the moving company. You might need additional packing material, for example, or need to purchase lunch and snacks for family and friends who are helping you that day.
The good news is, if you’re prepared, closing day — which might also be your moving day — can be a positive experience. So, embrace the excitement of moving and walking into your new home.