BUYER'S GUIDE SERIES: Closing Day!

Congratulations—closing day has arrived, and you’re officially about to become a homeowner! But what exactly does "closing" mean? Simply put, it’s the official transfer of the property into your name. While it’s an exciting moment, it’s also a crucial part of the real estate process.

One thing to note is that you don't have to be physically present for closing. In fact, most buyers are from out of the area and can’t attend in person. Instead, a mobile notary will likely be arranged to meet you before closing day, ensuring everything is signed properly.

Here’s a checklist of things to do before closing day:

• Wire your funds: Most buyers will wire the remaining balance after the down payment and closing costs to the escrow company. If you're not wiring, be sure to bring a certified check for the remaining balance at least a day before the closing date.

• Provide ID: Bring proper identification, such as a photo ID (driver’s license, passport, or state-issued ID), and possibly additional documents like your social security card or birth certificate.

• Prepare for paperwork: Get ready to sign a lot of documents! It’s a good idea to have a rested wrist for all the signatures and initials.

• Bring your smile: You’re about to officially own your new property, so celebrate this huge milestone!

After the closing, the escrow company will handle the behind-the-scenes work of recording your mortgage, deed, and other legal documents. Once that’s complete, the final paperwork will be mailed to you.

Remember, closing is a big step toward homeownership, and once everything’s official, you’ll have a lot to look forward to—moving into your new mountain property!