The most important part of buying a home is the closing-until then you do not ฝากขายทาวน์เฮ้าส์ really own the house. If you are unfamiliar with the process, the closing is when you, the sellers and real estate agents meet with your attorney to prepare all the paperwork and issues the checks to various organizations such as insurance, the seller, title company and the like. This is the point when your lawyer prepares the paperwork necessary to apply for the deed transfer and mortgage documentation. In order to make sure everything moves smoothly and as quickly as possible you need to make sure you follow some steps before you arrive at the lawyer's office.
Hire Your Own Lawyer
Even if the sellers have agreed to pay for your settlement costs, do not let them talk you into using their lawyer in an effort to save money. You need someone who is looking out for your best interests, not that of the sellers. If you are unable to arrive at an agreement on this, you should hire your own settlement attorney and place your bid on the house accordingly.
Arrange for Homeowner's Insurance
The mortgage company is going to require at minimum a fire insurance policy to protect their interest in the structure. However, you need to protect your personal possessions as well as guests who visit your home in case of injury-these items require the purchase of a homeowner's policy. At the closing you will need to pay a minimum of the first year's premium with the remainder added to your monthly mortgage payment.
Consult with Your Settlement Attorney about Costs
Before you find yourself short of cash at your home's closing, you need to consult with your attorney. In the beginning he or she will provide some ball park figures, but you should verify the amounts several days before closing so you can make sure you will have the right amount of cash on hand when you arrive. It is not a good idea to borrow the money to cover closing costs-the mortgage company will frown on this which is one reason they want to verify you have the cash in a savings account to cover settlement costs when you first apply for a mortgage. Of course, this is of lesser importance if the seller is covering the settlement costs, but you will still need to cover some of the costs in most cases.
Arrange for a Move-In Date Prior to Settlement
Even though you now have the right to move into your new home, the sellers may not be quite ready, especially if you settle in the middle of the week. You don't want to arrive at the office of your settlement attorney with plans of moving in afterward only to find out it won't be possible. While you have the RIGHT to move in as soon as you leave the lawyer's office, it may not be convenient for the sellers who may need another few days to make preparations to move to their new home. This is something you need to arrange prior to arriving at the settlement table.
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