FAQs About Real Estate Closings
There are so many parts and steps to buying a home – which can make any homebuyer stressed to get everything done before closing. While this is an important milestone for many homebuyers, our team here at Grand Strand Law Group wants to help you make this process as stress-free as possible. That’s why we’ve put together a few of the most frequently asked questions we get regarding real estate closings!
What happens before the closing?
Many homebuyers, if not all, will need to work with their realtor to finalize things needed from the lender and closing attorney, such as the purchase agreement, any home/pest inspections, an appraisal for the mortgage company, etc.. Your realtor, lender, as well as, your closing attorney (hopefully us) will communicate with you to ensure everything is in place before the closing date.
What do I need to bring?
Aside from yourself, you will need to bring your license or government-issued ID card and your spouse’s identification if you both are purchasing the property. Any additional paperwork requested by your realtor, lender, and/or closing attorney such as proof of homeowner insurance, CL-100 inspection reports, etc. We will let you know ahead of time so you can prepare.
What Should I Expect?
Plan for the closing to last anywhere from 1-2 hours. We will review and have you sign all the closing documents and answer any questions you may have. If there are funds due, we will take the payment at the closing appointment. Our legal team here at GSLG will communicate the things needed from you, your realtor, and lender prior to closing.
Here at Grand Strand Law Group, we want you to enjoy the home buying process as much as you can! Our legal team will assist you in any way we can to ensure your closing is as stress-free as possible! Please do not hesitate to reach out to us with any questions you may have!