The big day is almost here! Time to get your final ducks in a row and make your dream home a reality. About 45 days prior to your close date you’ll get a closing letter from your builder. Your final walk through and final appraisal are scheduled, and your lender is preparing final figures for your closing statement. We will coordinate with your lender, the builders closing department, the title company, and the superintendent, to ensure everything goes smoothly. Then we stick around for any warranty issues – just in case.
Frequently Asked Questions
Can I request a closing date? Or does my builder have to schedule it?
The builder schedules it based on the construction schedule. While they’ll make every effort to accommodate your needs, you’ll “generally” have an idea of when you’re going to close approximately 60 days before closing.
Now that I know my closing date, do I list my current home for sale?
This depends on a number of different factors like condition of your home, your local market conditions, your comfort level, and a whole lot more. We’ve helped hundreds of clients time the sale of their current home and allowed them to move only once, so working with the New Home Experts on both the sale and purchase is definitely a good decision!
What happens at the closing?
Carpal tunnel. You’ll sign a ton of paperwork, with the end result being the transfer of ownership of the lot and structure over to you. You’ll sign your deed, title work, mortgage documentation, tax forms, settlement statement outlining all the costs, and a bunch more. From this day forward you have “title” to your property and the home is yours! Best of all, you get the keys and start to move in…
What if there’s a problem with the home after closing? How does the warranty work and can we contact you?
Of course! Even though your home is closed, our relationship continues. We’ll work with you and the builder through warranty issues and more. Different builders have different warranty programs so that’s a question that entirely depends on the builder. We’ll cover all the warranty information prior to signing the Purchase Agreement.