5 Things to Do Before and After Closing on a Home

By Mark Spain Real Estate

Congratulations! You’ve found your dream home, your offer has been accepted, and you can’t wait to take the final step to make it official. Closing on a home calls for celebration, but it also calls for planning to ensure the process goes as smoothly as possible. The process of closing on a home can be overwhelming. That is why you should have a good checklist in place so you can know what to expect when closing on a home. 

Before you close on a home, there are a few things you should keep in mind. There are important steps and things to procure before and after the closing process, home buyers should be aware of. Whether you are just moving on to the next chapter of your life or buying your first home, Mark Spain Real Estate is here to help you maximize your time during the home closing process. 

5 Things to Do Before and After Closing on a Home

Know What to Expect

Knowing what to expect is crucial, especially if you are a first-time home buyer. Closing on a house typically takes a month to two months after the offer is accepted to complete. On closing day, funds are transferred, paperwork is finalized, and ownership is officially transferred to you.

Get an Inspection

During the waiting period between your offer being accepted to closing day, you should inspect the property. Most lenders will require an inspection and appraisal before closing day, so this should be standard.

Getting an expert to assess any potential structural issues in a home is crucial, because if concerns are found, you may be able to negotiate to have the seller fix them. 

Secure Your New Home

Before you close your home, you will need to show proof of your homeowner’s insurance. Homeowners’ insurance can help alleviate the stress and costs of unexpected events. Some things homeowners’ insurance can help with include injury that happens in the property, damage due to natural disasters, loss of personal belongings, and more. 

Make Sure Closing Documents Are Ready to Go

Ready to sign? Not so fast—you should make sure your documents are in order. You should receive your closing documents no later than three business days before the closing date. Once you receive your closing documents, you should review them thoroughly for errors. Making sure names, dates, addresses, and final prices are correct can prevent problems on closing days. If you notice any errors, you should raise your concerns as soon as possible before closing day.

Before heading to sign your closing documents, you should bring your state-issued identification card, a cashier’s check for the closing costs, and a healthy dose of excitement: because your dream home is finally yours. 

Create A Personal To-Do List

You’ve done it: you’ve signed your closing documents and the home is finally yours. However, your responsibilities don’t stop there. After closing on a home, you should create a to-do list to make the most out of your new home. From changing your driver’s license to reflect your new address to keeping track of maintenance needs, a to-do list after move-in day will be your best friend. 

Closing on a Home with Mark Spain Real Estate

Moving into a new home is an exciting time. So, it’s easy to overlook crucial steps to ensure you are ready to move into your new home. Which is why the experts at Mark Spain Real Estate are prepared to help you through the process of closing on a home. And if you’re a seller looking for closing day to come sooner rather than later, check out our Guaranteed Offer Program to receive a competitive cash offer in just 21 days.

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