Step 7: Close
Once you've made your offer and have the inspection under your belt, you're in the "home" stretch! But, in order to ensure that you don't put your closing date, or your mortgage at risk, you have a few pre-closing responsibilities that you'll need to be mindful of. These include:
- Staying in control of your credit and finances, first and foremost. Do not make any large purchases, apply for new credit or run up your existing credit accounts until after the closing!
- Keeping in touch with your agent and lender and returning all phone calls and paperwork promptly.
- Communicating with your agent at least once a week, and verifying with your lender that all mortgage funding steps are completed.
- On the day of or day before closing conduct a final walk-through of the home with your agent.
- Confirming with your agent, home insurance professional, and lender that you have the settlement statement, certified funds, and evidence of insurance lined up prior to closing
