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SWR: What can I expect when I close on my house?

Munchkn16 Posted:

SWR: What can I expect when I close on my house?

We bought a house and we're closing on Weds!! I'm so excited but also really nervous. What should I expect to happen (other than writing really big checks...). TIA!!
Summer07Bride Posted:

Re: SWR: What can I expect when I close on my house?

Hey Rachel - I have no advice for you...sorry we are renting in Albany. Where did you wind up finding the house?
Espo22 Posted:

Re: SWR: What can I expect when I close on my house?

basically it will be you and fh im guessing, your lawyer if you hired one, then the ppl who are selling the house, their lawyers and a bunch of other ppl...You basically sit at a table and their side goes over a few things with your side then they'll just keep handing over papers for you to sign. Alot of just sitting there and them doing their own thing and you sing TONS of papers. They cut up the checks and give you what papers you need, the keys and things like that. Nothing exciting lol, ive done it twice

Munchkn16 Posted:

Re: SWR: What can I expect when I close on my house?


Posted by Espo22

basically it will be you and fh im guessing, your lawyer if you hired one, then the ppl who are selling the house, their lawyers and a bunch of other ppl...You basically sit at a table and their side goes over a few things with your side then they'll just keep handing over papers for you to sign. Alot of just sitting there and them doing their own thing and you sing TONS of papers. They cut up the checks and give you what papers you need, the keys and things like that. Nothing exciting lol, ive done it twice



Sounds easy enough, lol. Thanks!
joshisgirl Posted:

Re: SWR: What can I expect when I close on my house?


Posted by Espo22

basically it will be you and fh im guessing, your lawyer if you hired one, then the ppl who are selling the house, their lawyers and a bunch of other ppl...You basically sit at a table and their side goes over a few things with your side then they'll just keep handing over papers for you to sign. Alot of just sitting there and them doing their own thing and you sing TONS of papers. They cut up the checks and give you what papers you need, the keys and things like that. Nothing exciting lol, ive done it twice




yup, that about sums it up. bring some personal blank checks with u also (just in case) and remember that whatever you're putting towards the house has to be in the form of a certified check (our lawyer failed to tell us this and we had to go get one right before the closing, we made our initial payment with a personal check and thought that it was ok)
zoe282 Posted:

Re: SWR: What can I expect when I close on my house?

There is a lot of signing...personally I asked what I was signing because they expect you just to sign your name...and who knows what the form says! Like Joshisgirl said bring personal checks, sometimes there are some things you have to pay for that you weren't made aware of...also, my friend the day before found out she owed a lot more then she thought so make sure you speak to someone about exactly how much each check will be for and to whom, cause it will stink to find out you are missing something once you get into the lawyers office.

Espo22 Posted:

Re: SWR: What can I expect when I close on my house?


Posted by zoe282

There is a lot of signing...personally I asked what I was signing because they expect you just to sign your name...and who knows what the form says! Like Joshisgirl said bring personal checks, sometimes there are some things you have to pay for that you weren't made aware of...also, my friend the day before found out she owed a lot more then she thought so make sure you speak to someone about exactly how much each check will be for and to whom, cause it will stink to find out you are missing something once you get into the lawyers office.



I had my lawyer with me so before i signed anything he would explain to me what i am signing
Kris0703 Posted:

Re: SWR: What can I expect when I close on my house?

ummmm.... an anxiety attack lol
DeannaNDave07 Posted:

Re: SWR: What can I expect when I close on my house?

yea be prepared to sign alot of papers!! omg i couldnt believe how much papers!! we were signing our life away!! its so hard to write those huge checks also

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