Popular searches
Get in touch
(248) 429-9383
[email protected]
207 N Michigan Ave Ste 102
Howell, MI 48843
Let's run down a few things that you need to be ready for the closing table, and when to wire the funds.
The title company will send you wire transfer instructions. Unfortunately, there are unscrupulous folks out there, so it is necessary to confirm that the wire transfer instructions are correct.
***Please note: KNE Realty will NEVER send you wire instructions***
Call the title company using a phone number for them you know to be correct and confirm the routing number, the bank account number, and other details are all correct before sending any funds.
Do not use a telephone number found in an email. Use only publicly published information to contact the title company.
In addition to the wire transfer instructions, the title company and lender will send you the final amount that is needed to close.
Ideally, you'll wire transfer the funds the day before you close. This is going to ensure that the funds arrive at the title company in plenty of time to close.
Make sure you initiate a SAME DAY wire transfer. The bank is going to charge you a fee for this (usually $25-$45), but this is the type of wire you need to do. Other types of transfers can arrive many days later and will delay your ability to close.
Remember to bring your driver's license or some form of government issued ID with you to closing. The title representative / notary public at the signing will make a copy for their records to make sure it is really you!
Examples of documents would be:
You are going to feel famous with all the autographs you’ll be asked to give. There will be loan documents, title documents, disclosures, the list goes on. Warm up that signing hand!
If you're taking possession on the day of closing, most likely you're going to receive keys at the closing table. However, based upon your contract, the Seller may be remaining in the home through an agreed upon occupancy date.
Be sure to have your homeowners insurance in place at closing and during the occupancy period because you are the homeowner! You can set up your utilities to begin once you take occupancy.
Once the occupancy period finishes and the Seller has moved out, you will meet with your agent and do one more walk through of the home and then receive your keys.
At the end of the signing, the title company will give you the property transfer affidavit and homestead exemption forms. You need to take these two forms to your county assessor's office and hand them in.
This is going to:
Transfer the property into your name.
Claim the home as your primary residence so you receive the homestead exemption on your property tax bill.
Congratulations! You did it! Now go enjoy your home!
Have questions or want help getting started? Send us a message and we'll get in touch right away!
Address
207 N Michigan Ave Ste 102
Howell
MI
48843
Email Us
[email protected]
Call Us
(248) 429-9383
Share My QR |
|
This website uses cookies and similar technologies to run the site and, if you allow them, to understand how it’s used and support marketing. Cookie information is stored in your browser. Strictly necessary cookies are always on.
These cookies are required for the website to work and cannot be turned off. They are typically set when you set privacy preferences, log in, or fill in forms.
You can block them in your browser, but parts of the site may not work. They are used only for essential site functions, not for advertising.
These cookies and scripts support optional features that improve how the site works for you – for example remembering preferences, enabling chat, or loading interactive tools such as maps or media embeds.
They are not required for the site to load. If you turn them off, some features may be unavailable or may only load after you choose to use them.
These cookies and scripts help us measure how the site is used (for example Google Analytics) and support advertising and marketing (for example ad and remarketing pixels).
They may collect information such as pages visited, approximate location, and device or browser details, and may share data with third parties that provide these services. They load only if you accept this category. Turning them off will not stop the site from working, but it will limit analytics and marketing insights.
More information about our Privacy Policy