This checklist is intended to make your transaction as orderly and convenient as possible. Do not hesitate to contact your Associate at Lang McLaughry Spera if you have any questions.
Attorney
Once your financing is in place, an attorney should be contacted to complete a title search on the property. The attorney should be available to attend the closing and be familiar with real estate transactions.
Expenses
A couple of days prior to closing, contact the bank's loan officer regarding your closing expenses. Usually they are itemized and explained around the time of mortgage application. A CERTIFIED CHECK is required at closing.
Taxes
At closing unpaid taxes will be adjusted on a per diem basis.
Insurance
At least two weeks prior to closing, notify your insurance company of your pending purchase. IMPORTANT: Bring to the closing an insurance binder, or policy, as required by your bank.
Utilities
Final readings will be arranged by the Seller, but two weeks prior to closing, contact utilities to make billing arrangements and to insure continuous service
Oil or gas tank
One or two days prior to closing, the Seller will fill the oil tank (with your consent) or a current reading of tank contents will be taken. You will reimburse the Seller for the remaining oil at closing. (If applicable)
Telephone
Make arrangements to begin service and obtain phones, if needed.
Cable tv
Notify the cable company regarding your impending move.
Keys, etc.
You will receive house keys at the closing. Sellers have been requested to leave any pertinent household information or documents at the property.
Schools
Arrange for student(s) records to be forwarded to new school(s).
Water test
Have water test completed as soon as possible if home does not have town water.
Water /sewer
About a week prior to closing, you should arrange with the Seller to have the Water Department take a reading of the water meter and obtain a final bill to be brought to the closing.
Rubbish
Contact to set up your service.
Voter registration
Obtain new voter registration form from town clerk's office of town in which you will be living.
Change of address
Provide new address for the following: driver's license, bank accounts, dog license, credit cards, place of employment, insurance companies (life, health, car, house), subscriptions, post office, and creditors.
Condos only
When purchasing a condo, be sure to obtain a binder on the master insurance policy before the closing and bring it with you to the closing.
Income property only
At the closing, you will be given security deposits, prepaid rental income, and any other applicable information or documents.
