Closing on a Home? Avoid These 5 Common Mistakes

If you can properly prepare yourself ahead of time for closing on your home, you won’t be so overwhelmed with the process. Watch out for these typical missteps in your preparation.

1. All contracts and agreements are legal documents, so take the time to carefully review them prior to signing. Any email or document that you receive from your agent, lender or title officer demands your attention prior to moving forward. Don’t fall prey to just scanning materials that require electronic signatures.

2. Pay full attention to what the sellers have stated on their property disclosures. Look for ambiguities and vague responses and investigate any concerns prior to closing. The same care should be part of your thought process when reviewing the title report.

3. A simple but costly mistake is having your name appear in conflicting versions on different documents. Many signatures require notarization, so be sure your driver’s license matches your name on your paperwork. The lender and title officer must be in sync on your legal name, or delays will result from having to have documents redrawn.

4. It is important to have your closing funds ready to wire to the title company upon request. If you don’t allow enough time for the transfer to take place, you won’t be closing on time. If you are planning on handing over your funds drawn on a cashier’s check, it is a good idea to see if the closing agent will accept a cashier’s check. Many do not.

5. Constant communication with your agent, lender and title rep about any financial or life changes will help avoid last-minute modifications in your loan documents and any needed adjustments on other closing paperwork.

Call me anytime with questions regarding your closing so we can avoid any possible delays.

Get Your House and Yard Ready for the Summer

Summer has finally arrived. It is a good time to sit back and relax but also a good time to address a few maintenance items around your home. Take advantage of the warmth and sunshine by doing some sprucing up.

The best way to prepare for your home prep tasks is to visit your local hardware store and reap the benefits of the Father’s Day tool sales, possibly saving as much as 30% on package deals that will make your spruce-up jobs easier.

Start with cleaning the mold and dust off the siding of your home. To make sure your siding lasts for years and years, use a soft cloth or a soft-bristle brush with a long handle. A jet nozzle on your hose will help you be more efficient when you rinse.

Due to weather changes and general wear and tear, your asphalt driveway could be ready for a makeover. Since sealing asphalt is more successful in warmer weather, June is the perfect time to do the job. New asphalt sealer needs at least a 50-degree outside temperature to effectively seal your driveway.

Your deck is where you will spend many hours relaxing and entertaining. Give it a facelift with a fresh coat of paint or stain if it needs reviving. Early summer is best for this job because the deck surface temperature shouldn’t get above 90 degrees.

Please call or email me for other ideas to take advantage of the early summer warmth to help maintain your home and its value.