Real Estate Buyer's Checklist For Closings On Property

 

 

DEED: Once Buyer's financing is in place, indicate to the selling broker just how you wish to hold title. It is the Seller's responsibility to provide you with a deed.

 

EXPERIENCES: A couple of days prior to closing, contact the bank attorney regarding your closing expenses. Usually they are itemized and explained around the time of mortgage application.

 

TAXES: At the closing unpaid taxes will be adjusted on per diem basis.

 

INSURANCE: At least two weeks prior to closing, notify your insurance company of your pending purchase. Bring to the closing an insurance binder or policy as required by your bank.

 

UTILITIES: Final readings will be arranged by the Seller, but one week prior to closing, contact utilities to make billing arrangements and to insure continuous service.

 

OIL TANK: (If applicable)- One or two days prior to closing, Seller will fill the oil tank (with your consent) or a current reading of tank contents will be taken. You will reimburse the Seller for the remaining oil at the closing.

 

TELEPHONE: Make arrangements to begin service and obtain phones if needed.

 

HOUSE KEYS,ETC.: You will receive house keys at the closing. Sellers have been requested to leave any pertinent household information at the property.

 

POST OFFICE: 4-6 weeks prior to closing, obtain change of address packet from the Post Office. Also notify your cable TV, newspaper, lawn services, etc.

 

INCOME PROPERTY: At the closing you will be given security deposits, prepaid rental income and any other applicable information or documents.
Boston Apartments Gold horizontal rule
This checklist is intended to make your transition as orderly and Convenient as possible.
Do not hesitate to contact your broker or attorney if you have any questions.

Boston Apartments Gold horizontal rule