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An often asked question: “What do I bring to closing?” – tip for Macomb County MI home buyers

June 21st, 2012 · No Comments · tips for home buyers

Closing day!   Certainly a happy time for all home buyers, especially those purchasing their first homes!   It’s also a “relief day” because it means the end to a long process spent gathering documents, inspections, negotiations, and anticipation.

One of the most frequent questions I receive (from not only my buyer clients, but from others who don’t have a buyers agent) is this:

What do I bring to closing?     Below is a list of what buyers need to have available at the closing table:

A cashiers or certified check for the amount of money that either your mortgage lender tells you that you need, or if you are paying cash, the amount the title company instructs that you will need.    Often the exact amount you’ll need to bring to closing isn’t known until the day before, or the day of closing.  That is because the lender and the title company prepare the documents and often don’t have the final number until a few hours before closing.  Tip:  Take a couple hours off of work the day of closing so you have time to run to the bank for your check before your closing appointment.

Proof of insurance.  If you are obtaining a mortgage you should bring to closing a copy of your pre-paid one year homeowners insurance policy.  Your lender probably will have a copy already, however it never hurts to bring a copy to the closing.  I’ve had more than one instance in which the lender didn’t have the copy in the title companys file and the closer has asked for it.  Better to have it then to have to make multiple phone calls at the closing table to get another copy.

Photo ID.   This will always be asked for by the closer.  You must have proof that you are indeed the person purchasing the home.  If your drivers license (or state ID) is expired, then you’ll need to have it updated before closing.

This list is not inclusive.  Your lender or title company may have other items that you’ll need to bring to closing.  Ask ahead of time (a week or so in advance) so that you’re not scrambling at the last minute for documents that they’ll need.

Happy closing day!

Kris Wales – a partner for your real estate needs in Macomb County MI
SEARCH homes for sale with MLS provided data
Contact Kris 586-536-5453

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Important copyright information: All photos were taken by Kris Wales. Do not copy and use photos for your own use, whether it be for personal or commercial purpose. All articles were written by Kris Wales. Once again, do not copy and use for your own purposes. Important disclaimer: Views expressed on the blog by the author and commenters do not express the views of Keller Williams Realty. All information contained is deemed to be reliable at the time of posting but not guaranteed.