Oh great! Just a few more steps and you will already complete the process of buying the stunning Chandler real estate property you chose. You have successfully gone through the viewing of Chandler homes for sale and the process of assessing and evaluating every elements and feature of the house. You have already passed through the negotiation process, having discussion with the seller about the offer you can give for the house. Isn’t is satisfying to complete all these steps but for sure, it would be more fulfilling if you reach the finish line, if you will be able to close that deal for the house. Well, there are few more steps to follow so you can finish the deal successfully. Here are the last steps to follow:
- Do not forget to check the status of your mortgage application.
Make a follow up regarding your mortgage application days before the day of closing the deal comes. Your mortgage check should be ready beforehand because it needs to be delivered to the escrow agent, closing lawyers or to the company title. They should have copies for the important documents regarding your mortgage application.
- Home inspection should be conducted.
Months before closing the deal, make sure that you hire a home inspector and let him to investigate the house for its current condition. You have to do this earlier so that the seller will have enough time to conduct repairs and updates for the house. During the inspection, prioritize looking for pest and termite infestation. Furthermore, the electrical, water and plumbing system should be checked. Also, do not forget inspecting the walls the foundation and the roof. Other aspects that should be part of the home inspection are the air conditioning and heating system as well as the appliances already installed in the house.
- Check the repairs made to the house.
You also have to check if the seller had made all the necessary repairs and updates for the house before you finally close the deal. If you see some areas that are not fixed yet, you can include them in the Settlement Statement and regard it as credit of the seller to you, as the buyer.
- Get the copies for warranties.
You should also have copies of the warranties and manuals for the the appliances and installed systems in your house. Before the closing day, talk to the seller and request for the copies of important files and documents so he or she can collect all of them and then handed them to you during the closing day.
- Communicate with utility companies.
Contact each utility company such as water, electricity, telephone companies and inform them of the date you are going to move in to your new house. This is to makes sure that the company can make all arrangements so you can readily use their services once you moved in.
- Read the settlement statement days before the closing day.
Together with your agent, read and review the agreement for the deal. If you have questions about the settlement, do not hesitate to ask the agent about it. Focus on details such as the amounts included in the agreement. You should know that in a settlement agreement, you are also referred to as the borrower because of your mortgage.
