Home Closing Checklist

The time is right once again to begin investing in real estate. As interest rates continue to stay low and home prices remain reasonable, real estate investors are …

The time is right once again to begin investing in real estate. As interest rates continue to stay low and home prices remain reasonable, real estate investors are testing the waters when it comes to buying real estate. If you’re new to the process, you may be unsure as to what to expect once your offer has been accepted. The following is a home closing checklist for buyers.

Loan Processing

Finding the right home in today’s market place can be an exciting prospect for buyers. While new construction housing can hold significant promise for locating the home of your dreams, don’t factor out older housing. Home warranty plans offer security to dwellings that are in need of some repairs. However, once you’ve found your home, and the offer has been accepted, the loan process is ready to begin. This includes job verification and other banking forms that alerts the lending institution you’re prime to pay off the loan.

Home Inspection

The buyer should stipulate in their contract that they’ll agree to the terms of the home purchase as long as the inspection clears. A home inspector can check for important issues such as termites, mold, mildew, lead, flood damage and other disastrous conditions. According to RitzPlumbing.com, “they’ll also be able to determine if the furnace, air condition, plumbing and structural issues such as the foundation and construction of the dwelling are acceptable to the buyer.” If there are any problems, a home inspection contingency can address the concerns in a timely manner.


Claim up to $26,000 per W2 Employee

  • Billions of dollars in funding available
  • Funds are available to U.S. Businesses NOW
  • This is not a loan. These tax credits do not need to be repaid
The ERC Program is currently open, but has been amended in the past. We recommend you claim yours before anything changes.

Whether you’re purchasing a condominium, townhouse, apartment building or single-family home, the lender will not be able to approve your loan without proper insurance. If a bank is lending you money, they want to make sure that they’re investment is safe and secure from floods, fire and other destructive accidents. Your insurance policy should also provide protection from theft.

Complete Appropriate Paperwork

The settlement or title company may have additional paperwork for you to fill out before your loan is approved. This could be anything from credit checks and salary verifications to tax returns and straightening out blemishes on your credit report. In order to expedite your closing, you want to fill out the paperwork and get it back to the title company immediately.


You should schedule your walk-through the day before or morning of your closing. This allows you the chance to determine if your home is ready and move-in condition. If items were supposed to be repaired during inspection, you can go over your checklist to ensure that everything is in working condition. Any issues will have to be resolved before the contracts are signed, and you can pick up the keys to your new home.


The mortgage lender typically schedules your settlement. You’ll need to bring government photo IDs and any other pertinent paperwork such as a cashers check or money order. Your attorney can go over the documentation and terms of your new loan. If you encounter any complications with the home or terms of your loan, you’ll want to bring up these issues before you sign the actual contracts.

Schedule a Move

If you’re going to need assistance in moving once you close on your home, you’ll want to schedule your movers ahead of time. It’s best to get a few quotes from a number of moving companies. This prevents you from overpaying and ensures that you’re getting a reputable and experienced mover. You should also get references from previous customers. The movers will also need the proper insurance in case they damage valuables in transit such as antique furniture.

Make the Necessary Changes

After you’ve closed on your home, you’re ready to make the necessary changes. This includes changing your mailing address, utilities, and the locks on your doors. You also want to update your driver’s license and register to vote in your new community.  Welcome Home!


Does Your Small Business Qualify?

Claim Up to $26K Per Employee

Don't Wait. Program Expires Soon.

Click Here

Share This:

In this article