If you’re buying a home in Charlotte, then one of the most exciting days you can look forward to is the closing date. The closing is when you sign on the dotted lines and receive the keys to your new home. However, the closing is a little more complicated than that. The following are some of the things that you will need to bring with you on the date of the closing:
- Your I.D. – You’ll be signing various documents that will need to be notarized, which means that you will need to have a government-issued I.D., like your driver’s license.
- Certified or cashier’s checks – You’ll be responsible not just for the down payment of the house, but the closing costs. These costs include appraisal fees, loan origination fees, title search fees and more. Don’t just show up with a check for the down payment since you will need to have a check for these costs as well. You can find out how much they will cost beforehand so that you’re properly prepared.
- Funds – It’s important that you speak with the escrowee or attorney and ask if they will accept a check. In some cases, you may be required to transmit your funds to the escrowee via wire transfer. In this case, you should make sure you have the funds to transfer a few days before closing. You may want to transfer the funds so that they reach the escrowee before the closing date to avoid delays.
- Documents and paperwork – Ask your agent or lawyer if there are any outstanding documents or paperwork that you haven’t provided yet. You’ll need to bring these with you.