Friday, May 4, 2012

6 Tips For A Painless Closing

6 tips for a painless closing (© Tim O'Hara/Corbis)
Don't be afraid to bother your loan officer or your real-estate agent.
You finally found the house of your dreams. You signed a contract and got approved for a mortgage. You've even hired the movers. Now comes the most important part: the closing.
In an ideal world, closing should be a mere formality, where homebuyer and seller sign on the dotted lines, exchange checks for the keys and shake hands. But this isn't an ideal world, which means that if you and the professionals you hired don't prepare, your closing could be a disaster.

Here are six tips for ensuring your closing goes smoothly.
1. Ask questions
Knowing what to expect and communicating with all parties involved in the deal are key to a successful closing.

A week before closing, talk to the people who are representing you, and tell them you'd like to spend a couple of minutes to discuss what to expect. Don't be afraid to bother your loan officer or your real-estate agent.

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