When closing on a home there are many parts to the process and, at Crane Title, Inc., we’re here to help things go smoothly and correctly. It is important to make sure all of the documents are in place and outline the correct information so you get the best deal on your home. During this time, you should be aware of what you want, and what things you are not willing to compromise on during this process. One of the most important parts of this is the purchase agreement.
This is a written, formal letter describing the terms and conditions under which you are willing to buy the home. This includes the price, closing date, conditions under which you can cancel the deal and more. It’s always best to be safe when it comes to the details. In these situations you can never have too many details. Make sure you explicitly say who pays for what, the date you want to close by and what’s included in the house. We will help you prepare the agreement in a way that is best for you and the property you are purchasing.
Some of the documents that are needed to close, and also will more than likely be referred to, are the purchase agreement, proof of title search and insurance, flood certification, proof of homeowners insurance, mortgage insurance, home appraisal and inspection reports. Bringing all of these documents with you to the closing will help the process go as quickly as possible.