Moving In
Closing Day
If you have come this far, then this means that it is almost time for a congratulations, but not yet. Do not forget to tie up these loose ends:
Final Walk-Through Inspection
More of a formality than anything else, the final inspection takes place a day before, or the day of the closing. You will visit the property to verify that everything is in working order, everything is the same as when you last viewed the property, that there are no extra items left behind, and that everything included in your purchase is still at the property.
Home Services and Utilities
We will provide a list of useful numbers for the activation of home services and utilities after the closing occurs.
Be Prepared
We are ready to assist you should an unforeseen glitch pop up, even at this last stage. Something at the property breaks down, or some other minor detail – no need to worry. We have encountered these problems before so we know how to handle them efficiently and in a stress-free manner.
Closing.
The closing agent will furnish all parties involved with a settlement statement, which summarizes and details the financial transactions enacted in the process. You and the seller(s) will sign this statement, as well as the closing agent, certifying its accuracy. If you are obtaining financing, you will have to sign all pertinent documentation required by the lending institution. If you are unable to attend the scheduled closing, arrangements can be made depending on the circumstances and the notice that we receive. If you are bringing funds to the transaction, you will have the funds wired electronically into the closing agent’s escrow account in the amount specified on the settlement statement. The seller should arrange to have all property keys and any other important information for you at the closing.
Typically you’ll need an earnest money deposit, down payment, closing costs, and prepaid items (insurance/taxes). The exact amount depends on your loan type and price point.
Get pre-approved (not just pre-qualified). A pre-approval shows your true buying power and makes your offer stronger.
Pre-qualification is a quick estimate. Pre-approval involves document review and lender underwriting steps, so it’s much more reliable.
Most purchases close in about 30–45 days, depending on financing, appraisal, title, and inspection timelines.
Yes—if your debt-to-income ratio and reserves qualify. This is common for buyers who want to rent out their current property.
A general inspection is standard. Depending on the home, consider roof, HVAC, plumbing, electrical, termite, and (in condos) reviewing building financials and documents.
Options include renegotiating price, increasing your down payment, disputing the appraisal, or switching loan programs—depending on your contract and lender.
Closing costs include lender fees, title fees, escrow, recording, and prepaid items. Buyers often pay most of their own costs.
Sometimes. It depends on how long you plan to keep the home and your cash available at closing.
Only if you’re within a contract contingency (inspection, financing, appraisal, etc.) or per your contract terms — otherwise you may risk losing your deposit.