There are a number of details that must be addressed between the signing of the final contract and the closing date. If you are using a real estate agent, the hassle of this process will be dramatically reduced. The following list will help you stay organized:
Immediately upon acceptance of the contract
Follow-up on any terms outlined in the contract (providing homeowner association paperwork, well documents, etc.)
Make any repairs agreed upon in accepted contract
Provide the current mortgage loan(s) information to your escrow agent
During the Home Inspection
You should not be present.
If possible, be accessible by phone to answer any questions
Provide the agent with keys to any areas (crawlspaces, attics, etc) that the inspector will need to access to.
If the property is vacant, ensure that the utilities are on beforehand.
One to Two Weeks Following the Acceptance Date of the Contract
Review any inspection amendment from the buyer with your agent and begin making agreed repairs
Provide your agent with your preferred closing time
Reserve your moving truck or schedule your moving service
Two Weeks Before Closing Date
Begin collecting information to pass on to the new owner (receipts for appliances, warranty information, owner’s manuals, repair and contractor contact information and dates of service)
One Week Before Closing
Get a change of address package from the post office
Begin notifying family, friends, debtors, etc of address change
Call your utility companies to schedule the final readings and the disconnect dates
Get directions to closing attorney’s office from your real estate agent
Collect receipts and information in relation to the work done to satisfy the inspection amendment and give copies to your real estate agent
Day Before Closing
Review the Closing Disclosure to verify that the terms of the contract are correct and pay special attention to the line items for water bills, homeowner association dues, and mortgage balances
If you have any concerns, discuss them with your agent
Day of Closing
Bring a photo ID and any documents requested by the closing office
Bring your checkbook, just in case there is a small item that needs to be handled on the spot.
There are tons of details that must be addressed between the acceptance of a contract and the final closing date. Using a real estate agent, your duties will be dramatically reduced during this process. The list above will help you stay organized.