If you are purchasing a house, closing should be a time for you to begin to breathe a sigh of relief. Once you close, you can finally begin checking off the things which need to be done for good. This should be your first step towards normalcy and making sure it goes smoothly is very important. Not only could delays elevate your stress, but they could have significant financial repercussions as well. Here are a few things to keep in mind to make sure that you close your purchase successfully.

  1. Money. By law, you should be informed a day or more in advance the exact amount which will be needed to close the sale. You should arrive with the money ready and talk with the closing agent about how you will be paying. All talking with your lender should be accomplished well before closing, and you should be certain that you are absolutely prepared here. One of the most common reasons for closing complications is that the buyer does not have their finances in order.
  2. Verify the Condition of the Property. You should have a good idea of what has been happening on your new property as you approach closing. Ideally, the seller will be completely moved out, and will have honored any contracts they made with you prior to the purchase. You may need to carry out a final inspection before closing to see that everything is in order. Similarly, consulting an attorney and a realtor to make sure that you have covered your bases properly can help give you the peace of mind that there will not be any unpleasant surprises upon your attempt to move in to the property.
  3. Homework. Before you arrive, you should have a good idea of what papers will be signed, and what they mean. This is where an attorney can be very useful, as sometimes you may struggle to wade through the legalese. If you know what to expect going in, they you can be assured that you do not sign anything that you will come to regret. Additionally, make sure you know where you will need to be, who will be there, and have a complete list of all the other things (such as ID) that you will need to bring. Discussing this with the closing agent well ahead of time will be your best bet of making sure that you are 100 percent prepared to close smoothly.