On the date of your closing, or in some cases prior to the closing, there are important steps to prepare before occupying your new home.
Final Walk-Through Inspection
The final inspection takes place a day before, or the day of the closing. You will visit the property to verify that all is in working order, everything is the same as when you last viewed the property, that nothing was damaged when the previous owners were moving out, and that everything included in your purchase is still at the property. Additionally, if there were any problems the owners were required to fix or repair prior to closing were satisfactorily completed.
Home Services and Utilities
We will provide a list of useful numbers for the activation of home services and utilities prior to the closing and help make sure you are prepared for the closing. It’s advised that you call in advance to set up FP&L (Florida Power and Light) and make an appointment to have your Internet and if you require a landline, to set this up prior to the closing date or work with the owner to allow for time for these services to be connected. We also request from sellers any additional services that they have used, for instance pool cleaning services, propane providers, landscapers or any vendors that you might require depending on the property you are purchasing.
We are ready to assist you should an unforeseen glitch pop up, even at this last stage. Something at the property breaks down, or some other minor detail – no need to worry. We have encountered these problems before so we know how to handle them efficiently and in a stress-free manor.
The closing agent will furnish all parties involved with a settlement statement, which summarizes and details the financial transactions enacted in the process. Florida state law requires that the sellers provide you with the closing statement three days in advance of your closing so we can go over these and make sure all the information and prorations are correct. Both you, the buyer(s) and the seller(s) will sign this statement, as well as the closing agent, certifying its accuracy. If you are obtaining financing, you will have to sign all pertinent documentation required by the lending institution. If you are unable to attend the scheduled closing, arrangements can be made depending on the circumstances and the notice that we receive. If you are bringing funds to the transaction, you can elect to either have the funds wired electronically into the closing agent’s escrow account or bring a certified check to the closing in the amount specified on the settlement statement. The seller should arrange to have all property keys and any other important information for you at the closing.