Plano Homes First Time Home Buer’s Guide
This information comes from the book “Your First Home…. The Proven Path to Home Ownership” by Gary Keller with Dave Jenks and Jay Papasan….. A Keller Williams Realty Guide
We can accurately say that closing day is a life-changing event: you will walk in a renter and walk out a home owner. Whatever you feel the morning you wake up to close, there’s one thing you can count on: you are prepared.
On closing day, you can expect to sit at a table with a bunch of pens and sign your name so many times you start to feel like Captain Kirk at a Star Trek convention. Other than that, the procedures vary dramatically from state to state and even city to city. The settlement agent, who runs the show, may be an attorney, a representative of a title company, or someone else entirely. You may be sitting across the table from the seller, or you may be all the way across town. Your agent or a member of the agent’s team may attend to explain any last-minute questions. In any case, the settlement agent can usually explain everything as you sign documents that do the following.
- Finalize your mortgage
- Pay the seller
- Pay your closing costs
- Transfer the title from the seller to you
- Make arrangements to legally record the transaction as public record.
You may speak to a REALTOR by emailing HunterWebb@verizon.net or calling 469-951-2299.
You can also speak directly with a REALTOR by going to our ASK A REALTOR page