The home buying process is just that: a process. In most cases, the loan applications can take four to six weeks or longer to complete, depending on the applicant, the financial institution, and other factors. Receiving a “clear to close” is the last step in the loan approval process. Once you’re cleared, it’s generally smooth […]
How to Wire Money for Closing
Finally, closing day is almost here! Before you get the keys, you will need to bring money to cover closing costs and all other fees associated with the purchase. You will bring this amount to closing in the form of a certified payment type: wire transfer, certified check, or cashier’s checks. Wire transfers are usually […]
Sellers: Do These 5 Things Before the Day of Closing
Selling your house is no small task. There are the repairs, cleaning, staging, last-minute showings; it’s enough to make your head spin. But when you accept that offer and start heading towards the day of closing, it’s all worthwhile. The last thing you want is complications or problems on or before closing day. Sellers can […]
5 Things Buyers Need to Do Before Closing Day
Closing day is almost here! Before you sit down at the table and get the keys to your new home, there are a few things you need to get squared away. 1. Purchase Homeowners Insurance Unless you purchase your home with cash, you will need homeowners insurance. Lenders require you to buy an insurance policy […]
Closing on a House: How the Process Works
You’ve searched and searched and finally found the perfect home. You made an offer, the sellers accepted, and now you’re on the road to closing. But how long is the road, exactly? And what happens between now and closing day? We’re breaking it down for you, from the moment your offer is accepted until you […]