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A Closing Day Checklist

With the excitement of your closing day, it can be easy to forget some of the most important tasks you need to complete before settlement. Whether you’re buying or selling, it’s crucial to understand what your responsibilities are beforehand to safeguard a smooth transfer of ownership.

A Closing Day Checklist
A Closing Day Checklist

Seller responsibilities

  • Provide keys for doors, garage openers, and sheds; this must be scheduled in advance if your closing is remote.
  • Your house must be left in broom-swept condition, so remove all trash, boxes, furniture, and personal effects before the walk-through.
  • Inspection requests should be completed before the walk-through. Provide documented proof to the buyers that things like repairs, termite treatment, mold, and radon remediation have been completed.
  • Bring a photo ID to closing, such as a driver’s license, passport, or government ID. If your settlement is remote, send a digital copy beforehand.

Buyer responsibilities

  • Schedule your walk-through up to twenty-four hours before closing.
  • Review your ALTA settlement statement three days before closing. This document outlines the terms and conditions of your mortgage loan, monthly payment, taxes, mortgage insurance (if needed), funds needed to close, and the amount of escrow to be released.
  • Once you know your closing costs, confirm the method of payment and instructions with the title company. Note: Beware of wire fraud. Scammers can sometimes intercept instructions, so be sure to double-check the title company’s phone number before wiring money.
  • Verify that contingencies have been met before closing day, including any agreed-upon repairs with the seller, the home appraisal, the final mortgage commitment, and proof of the homeowner’s insurance policy.
  • Bring photo identification, such as a driver’s license, passport, or government ID, to closing. If your settlement is remote, send a digital copy beforehand.
  • Confirm the date and time with your moving company at least three days before your move.

Preparing for your closing day can reduce the likelihood of delays and other complications. Your real estate agent or real estate attorney can help you navigate any obstacles—ensuring that this day is as exciting and easy as it should be.

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Kimmer Plunk

Based in Memphis and serving clients in West Tennessee and Northwest Mississippi. Serving others is a reward of its own and part of what makes me happy, and I've been doing that for 30 years through various activities including Girl Scouts, PTO, various board positions, unhoused ministry, and professional, award-winning teaching. I treat others the way that I want to be treated including being readily available, listening to your desires, answering your questions thoroughly, and walking you through the home purchase process. My ultimate goal is to see that you find the home of your dreams and experience the least amount of stress during the process.

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