Your home purchase becomes a reality on closing day when ownership is officially transferred to you. Before and on closing day, there are a number of tasks to complete. Here are some helpful tips:
- If you are renting, give appropriate notice to your landlord
- Confirm your home purchase with your mortgage lender and finalize your mortgage details
- Hire a legal professional to represent your interests and manage closing documentation
- Obtain home insurance and notify your lawyer and mortgage lender of the selected insurer
- Arrange a truck for you to move or obtain estimates from reputable moving companies. Remember to book as far in advance as possible
- Coordinate cancellations, transfers, and change-of-address notifications for medical, financial, and contracted services, utilities, licenses, subscriptions, memberships, and personal mail
- Organize the connection of services and utilities at your new home
- Meet with your lawyer prior to the closing day to sign the required mortgage and property closing documentation, pay associated balances and fees, and arrange to collect the keys to your new home