Step 24 - Closing Day

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Find out the location and time of the closing meeting. This information is usually provided by your attorney in advance.  Most of the time, you will meet at your attorney's office.

Documents to Bring: Gather all the necessary documents, such as your government-issued ID, house keys, and any additional paperwork requested by the closing agent.

Final Walk-Through: The buyer's agent may request a final walk-through of the property before the closing. Ensure that your home is in the same condition as agreed upon in the contract.

Review the Closing Disclosure: The Closing Disclosure (CD) is a detailed summary of the financial terms of the transaction. You should receive from your attorney's office 24-48 hours prior to closing.

Review it carefully to ensure all the information is accurate and matches what was previously discussed.

Funds Owed and Disbursements: Understand the amount of money you'll receive from the sale after deducting closing costs, outstanding mortgage balance, and other fees. Your closing attorney will provide you with a breakdown of these figures.

Settlement Statement: Familiarize yourself with the Settlement Statement, which provides a detailed breakdown of the financial transactions during the closing process.

Signing Documents: During the closing meeting, you'll be required to sign various documents related to the sale, such as the deed, bill of sale, and other legal paperwork. Take your time to read and understand each document before signing.

Disposing of Personal Belongings: Make sure all your personal belongings are removed from the property (includes garage, basement and shed,  before the closing. Anything left behind may become the responsibility of the buyer.

Be Patient: Closing meetings can sometimes take longer than expected due to various factors. Be patient and allow ample time for the process to be completed thoroughly.  Expect to be there for at least an hour.  

Be Available: Keep your phone on hand on the closing day in case any last-minute issues arise that require your attention or approval.

Once the closing is complete, congratulate yourself on a successful home sale! Take a moment to celebrate this achievement and the start of a new chapter.