Be prepared with this Closing Day Checklist! Know what to bring, what to expect, and how to make your closing day smooth and stress-free in Fort Myers.
Closing day is finally here! It’s an exciting milestone, and having a Closing Day Checklist can make the entire process smoother and less stressful. This checklist ensures you’re fully prepared for what to expect and helps you avoid any last-minute hiccups, so that your real estate transaction is all about signing documents, transferring funds, and handing over keys.
For Buyers: What You’ll Need
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Government-Issued ID: A valid driver’s license and/or passport is required for identification purposes.
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Proof of Homeowner’s Insurance: Ensure your insurance policy is in place and ready to show at closing.
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Closing Costs: Be prepared to pay your closing costs, which can include title insurance, inspections, and loan fees. These should be wired to the title company or paid via cashier’s check, depending on the title company policy.
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Your Lender’s Documents: If there are additional forms or documents required by your lender, make sure they’re ready.
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The Final Walkthrough: Perform a final walkthrough of the property to confirm that it’s in the condition agreed upon and that any inspection items were completed.
For Sellers: What You’ll Need
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Government-Issued ID: Bring your ID to verify your identity before signing.
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Keys and Access Codes: Hand over all keys, garage openers, and security codes to the buyer.
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Settlement Statement: Review the settlement statement to ensure the financial details are correct and you’re prepared for the disbursement of funds.
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Deed Transfer Documents: You’ll sign documents that transfer ownership to the buyer, officially concluding your responsibility for the property.
What Happens After Signing?
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Funds Distribution: After all documents are signed, the title company will distribute funds as outlined in the settlement statement.
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Deed Recording: The title company records the deed, officially transferring ownership.
Conclusion
Being well-prepared on closing day makes the process smooth and stress-free. By bringing the necessary documents and understanding the steps ahead of time, both buyers and sellers can move forward with confidence with these simple closing day checklist items.
Title Junction, LLC in Fort Myers is the professional, experienced, and dedicated title insurance company you need to guide you in navigating
your complex real estate transactions. Call or text (239) 415-6574 to learn more about the services they offer and how they can help you get from contract to closing table.
Title Junction is a full service real estate title company serving the area of Fort Myers, Cape Coral and the entire state of Florida since 2005. The company handles a number of real estate title services for both commercial and residential properties.
Have questions? Give us a call at 239.415.6574.
In case you missed it, check out our last Title Junction post: Common Title Issues Agents Should Be Prepared For: How a Title Company Near Me Can Help