How To Prepare For Your Real Estate Closing
So the offer you put in on your potential new home has been accepted… Now what? There are a few things you need to do to help prepare for your closing. Your real estate agent and/or mortgage lender should inform you of the necessary steps on how to prepare, but sometimes it’s best to prepare yourself too. Whether you’re closing in 90 days or less than 30, there are things you can do to help the process go smoothly. That’s why our team here at Grand Strand Law Group is here to help!
Get The Necessary Inspections
A pest inspection, home appraisal, home inspection, etc. is most likely on the list to complete before closing – especially if you’re financing your home. Many of these inspections need to be completed before your financing is approved.
Know How Much Closing Cost
Our real estate paralegal will notify you of the amount needed for closing as soon as she has all the needed information from your lender. This money will be needed before or at closing to ensure all requirements are met.
Finalize Your Current Living Situation
Whether you’re currently renting an apartment or selling your home, once the closing date is set you shouldn’t plan to move that day – especially if you’re planning to do some work to your home. In South Carolina, the property is not officially yours until the Deed is recorded, and sometimes it isn’t recorded on the same day.
Turn On The Utilities
Once you’re in the clear for closing, it’s time to contact the utility company to make sure you have water and electricity set up at your new place. That way you’re not sitting in the dark after closing.
While these are only a few of the things that you need to have done before your closing, our team as well as your agent and lender (if applicable) will let you know what else needs to be done, with ample notice. It’s our job to make sure you have a simple and stress-free closing process. After all, we want to be your TRUSTED choice here along the Grand Strand! Don’t hesitate to reach out to us with any questions you may have! We’re always here to help!