The process is finally complete and the day you've been waiting for has finally arrived! Most of the time closings happen at the office of the title company, but be sure you double check the address so you know where to go. Make sure to bring your picture ID and have your arm nice and loose as you'll be signing a lot of documents.
As the day approaches make sure to resist the temptation of opening any new lines of credit or accessing existing ones to buy furniture or put a new car in the new driveway - additional credit may adversely affect the closing. Just before closing takes place your credit will be looked at one last time and if there's additional credit showing up it may hurt your debt-to-income ratio and the whole deal could be cancelled. I've repeated this warning throughout the home buying series because it has happened and I don't want you to lose your house because you bought the living room set too early.
At closing you usually will be joined by your mortgage loan officer and your real estate agent. In addition a representative from the title company will walk you through the closing documents. If you have questions ASK THEM - don't be afraid to speak up, it's very important that you understand all the documents your signing.
Once all the documents are signed you'll be getting a little housewarming present from your Tropical Financial mortgage loan officer as well as the most important item - the key to your new home! With key in hand it's then time to turn that house into YOUR home.
^Amy
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