You are almost there! There are just a few important steps left before the fun begins and as the anticipation, excitement (maybe a bit of stress?) start to kick in we want remind you to breathe, and always know what happens next. 😊
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If you haven’t already, review and sign your CD (Closing Disclosure) from your lender ASAP to start the mandatory 3-day waiting period before you can sign loan documents. Once the 3-day waiting period has passed, the escrow company will contact you to schedule the signing of your final closing statement and loan documents. Remember to bring your photo ID/license to your signing. At this point they will also inform you of the final amount of funds you will need to wire to the escrow company. If you need a refresher, be sure you have watched this important video about wire fraud. You can sign in your area (best not to be out of the country) with a notary that the title company will help you line up. Don’t worry – you don’t have to be in Tahoe for the signing or for close of escrow!
We will reach out to you to schedule your final walk-thru of the home to make sure the home is in the condition that is contractually agreed to. It is best if you are here for this and if this is not possible, we will discuss other options.
We will provide you a list of all utility service providers for your home. You will transfer the utilities into your name prior to the close of escrow.
Typically, on the closing day your lender will fund your loan. Once all monies have been received, the escrow company will release the signed documents to the county to transfer the property and record the deed into your name. Once we have confirmation of recording, we will be able to give you the keys to your new home!
Remember, we are here for the long haul! If there are any referrals for service providers, contractors, laborers, you name it, we are here for you. We have an extensive list for you that is ever growing. We reserve our valuable Preferred Provider List for only our private clients.
We have some valuable resources below that we thought you might like for close of escrow and beyond!
3 Things We Need Your Participation With: