All About The Closing Process

Now that you've found your dream home and your offer has been accepted, you're so close to owning it! This is an exciting time for all, whether it's your first home or you've had much experience in real estate. Your trusted real estate agents near Eldon, MO are here to help walk you through the process. Whether you need a refresher course or this is your first time buying a home at the Lake of the Ozarks, information about what you can expect can be found below.


Final Walk Through

A final walk through is usually done the day before or day of closing. This is the buyers chance to ensure everything in the home is how it has been agreed upon and there are no issues that have come up. If you have requested some of the items be repaired from the home inspection, this is your chance to ensure they have been completed as promised.

Bring Paperwork

A ton of paperwork is required for the entire home buying process. Keep these documents handy and bring them the day of closing. This can help prove anything you may be asked to show, if needed. Also bring a copy of your new homeowners insurance policy and drivers licenses. Double check with your real estate agent and mortgage lender to see if there are any other documents you need to provide at closing.

Provide Down Payment

You will know the amount before hand, but this is the time that a down payment should be payed and any closing costs can be settled up. Many times you will be asked to provide a cashier's check which will need to be lined up in advance.

Clearance of Title

A title search will be performed to ensure there aren't any liens or other issues with the transfer of property. If you have proof of this clear title, it's important to provide such information at closing, as well.

Sign, Sign, Sign

Be prepared to sign your full name over and over. When the stack of paper is set in front of you, don't feel overwhelmed. Take it one page at a time and pay attention to what you are signing. Your lender or real estate agent may help you through the paperwork by explaining what each document entails.

Be Prepared for Curve Balls

Closing on a home involves a TON of information and documentation. Don't panic if something comes up during the closing process. It can often be handled and corrected in a timely manner. Allow adequate time for closing, and a little extra time in case the process takes longer than expected.

It's time to get excited! The closing process is right around the corner and you're well on your way to buying a new home near Eldon, MO. No matter if you need a fresh start or want a larger space for your family to grow, buying a home is an exciting time! If you're ready to start your Lake of the Ozarks home search, our team can help you find the perfect space for you and your family. Give Devine & Associates a call today to get started and keep this blog handy for when it's time to close on your new property.


Where Your Best Interests and Our Best Efforts Meet!

                                                                                                                                                                             (573) 392-9900
203 E. 10th St., Eldon, MO 65026
(573) 207-8407
213 N. Main St., Laurie, MO 65037
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