Steps to Take Before You Attend a Home Closing

A closing represents the final stage before a buyer acquires a house. At this point, a buyer and seller will meet and finalize an agreement. And if everything goes according to plan, a buyer will exit a closing as the owner of a new residence.

Ultimately, there are several steps that a buyer should complete to prepare for a home closing, and these are:

1. Review Your Home Financing

Typically, a lender will provide full details about your monthly mortgage payments for the duration of your home loan. This information is important, as it highlights exactly how much that you will be paying for your house.

Assess your home loan information prior to a closing. That way, if you have any home loan concerns or questions, you can address them before your closing day arrives.

If you allocate the necessary time and resources to review your home financing, you may be able to alleviate stress prior to closing day. In fact, once you know that all of your home financing is in order, you can enter a closing with the confidence that you’ll be able to cover your mortgage expenses.

2. Perform a Final Walk-Through

A final walk-through provides a last opportunity to evaluate a residence before you complete your purchase. Thus, you will want to take advantage of this opportunity to ensure that a seller has completed any requested repairs and guarantee that a house matches your expectations.

Oftentimes, a final walk-through requires only a few minutes to complete. The inspection generally may be completed a few days before a closing as well.

It is essential to keep in mind, however, that a final walk-through won’t always go according to plan. If you give yourself plenty of time for a final walk-through, you should have no trouble getting the best-possible results.

Try to schedule a final walk-through at least a week before a closing. By doing so, you’ll ensure that a seller can perform any requested repairs prior to closing day.

3. Get Your Paperwork Ready

During a home closing, you’ll likely need to provide proof of home insurance, a government-issued photo ID and other paperwork. If you get required documents ready ahead of time, you won’t have to scramble at the last minute to retrieve assorted paperwork for your closing.

If you need help preparing for a home closing, there is no need to worry. Real estate agents are available nationwide, and these housing market professionals can guide you along each stage of the homebuying journey.

A real estate agent will help you find a house, submit an offer on it and conduct a house inspection. Plus, this housing market professional can provide recommendations throughout the homebuying process to help you achieve your desired results. And as closing day approaches, a real estate agent is available to respond to your homebuying concerns and questions too.

Prepare for a home closing – follow the aforementioned steps, and you can seamlessly navigate the home closing process.

Another Property Sold – 18 Jamaica St Lawrence, MA

This Multi-Family in Lawrence, MA recently sold for $399,900. This style home was sold by Olivares & Molina Team – Coco, Early & Associates The Olivares, Molina & Alperin Division.








18 Jamaica St,



Lawrence, MA 01843

South Lawrence

Multi-Family

$399,900
Price

$399,900
Sale Price

2
Units

1,908
Approx. GLA

Ready to buy yourself the ultimate gift? Here is an opportunity to buy yourself a remodeled awesome two unit home located on a dead end street on a large lot and within distance to shopping center and Interstate 495! This home offers it all! Both units offer an open concept layout with recessed lighting, new kitchen cabinets with granite counters and stainless steel appliances. 3 bedrooms in each level and wood flooring throughout along with updated bathrooms. Lower level offers ample storage with 2 new on demand heating/hot water combo systems, laundry area for both units as well as updated electrical. Exterior of home offers new vinyl sided exterior, updated windows, recently paved driveway and a over-sized side yard for summer fun! Truly ready for you to make it home! Don't delay and make this one yours today!

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Another Property Sold – 1400 Gorham Street Unit 10 Lowell, MA

This Condo in Lowell, MA recently sold for $339,900. This Townhouse,Half-Duplex style home was sold by Olivares & Molina Team – Coco, Early & Associates The Olivares, Molina & Alperin Division.








1400 Gorham Street,



Lowell, MA 01852

South Lowell

Condo

$339,900
Price

$339,900
Sale Price

6
Rooms

2
Beds

1/1
Full/Half Baths

Introducing Mill City Crossing, South Lowell's newest luxury townhome community. These well-appointed 2/3 bedroom Condex style Townhomes feature an open floor plan, perfect for todays life style. The kitchen with its upgraded stainless appliances and cabinetry, granite countertops and gleaming hardwood flooring rivals kitchens found in higher priced homes. A spacious fireplaced living room perfect for entertaining, oversized trim, crown molding, recessed lighting and real hardwood flooring in this Townhome are just some of the amenities included. With its convenient location near the Chelmsford/Billerica line, close proximity to the train station to Boston, easy access to the Lowell connector Rt. 3 and 495 and the historical and cultural treasures found in downtown Lowell makes this community a great place to call home. Units now available, visit our beautiful model home today.

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Location Makes a Huge Difference in a New Home

When choosing a house or condo to live in for the next several years, comfort, convenience, and affordability are among the most important factors to keep in mind. A fourth item that many real estate agents would add to that list is “location.”

The location of your next home is crucial for many reasons — not the least of which is future resale value. Ideally, you want the value of your home to appreciate over time, which will help improve your financial situation. Whether you decide to upgrade or downsize in your next real estate purchase, the equity you’ve built up can benefit both your lifestyle goals and real estate objectives.

In addition to the investment features of picking a good location for your next home, there are also several other worthwhile advantages.

  • A reasonable commute time, preferable under a half an hour, will help reduce your stress level, enable you to spend more time with your family, and reduce the amount of wear and tear on your vehicle. A short commute can also help you save money on gas, highway tolls, depreciation, and insurance. One way to reduce your driving time is to look into telecommuting possibilities at your job. Even if you have a relatively long commute to work, that can be offset by having the freedom to work from home a couple days a week. Fortunately, more and more businesses are realizing the mutual benefits of allowing or even encouraging telecommuting. While it may be necessary to prove to your employer that your productivity won’t suffer when you’re working from home, doing so can save you money, lower your stress, and improve your overall quality of life. Let’s face it: There are a lot more fulfilling things you can do with your time than getting stuck in traffic jams and feeling frazzled when you return home every night!
  • A convenient location can also mean proximity to shopping, entertainment, recreation, family, friends, and places of worship. Being close to medical, dental, and veterinary services can also make your life a lot easier — especially when you need to get there quickly.
  • From a health and fitness standpoint, it also pays to live within a short distance to public parks, tennis courts, golf courses, bike paths, gyms, and bodies of water for swimming, kayaking, and other aquatic sports.
  • For younger families, being close to childcare resources — whether it be a daycare center or nearby (and available) relative — can also be a major factor in getting to work on time, making sure your children are properly cared for, and minimizing chaos in your life!

While there are dozens of priorities to keep in mind as you search for the ideal location, determining what matters to you the most will help make sure everything falls into place when you settle into your new home.