Closing paperwork
Bring all necessary paperwork with you to closing to make sure nothing is missing, different or overlooked. Some important documents include a photo ID, your home insurance certificate and cashier’s or certified check.
Closing on your first house is a time to celebrate — after all, it’s an important milestone in your life! And it’s the last step in buying your new home. The actual closing and paperwork can be tedious and sometimes a little overwhelming, but we’re here to help. Here’s what you should expect on closing day.
Closing on a home usually takes place four to eight weeks after the offer on the home is accepted. This allows time for home inspections, home appraisals, funding and title searches.
On closing day, the ownership of the property is transferred to you, the buyer. This day consists of transferring funds from escrow, providing mortgage and title fees, and updating the deed of the house to your name. Basically, come closing day, you and the seller sign all the necessary papers to officially seal the deal.
Be proactive and gather the following items that you’ll bring with to the closing:
Bring all necessary paperwork with you to closing to make sure nothing is missing, different or overlooked. Some important documents include a photo ID, your home insurance certificate and cashier’s or certified check.
You’ll pay your closing costs with a certified check or a wire transfer from escrow.
Lenders require an insurance policy before closing. Reach out to your agent to get your new homeowners insurance in place.
You’ll need to bring a government-issued identification for the title company.
Printable Closing Day Checklist >
Now that you’ve signed the papers and paid the seller — congratulations! We know it was a lot of work getting to this point, but with the keys to your new home in hand, it’s time to celebrate!