Preparing for Closing Day and Moving Day: Your Comprehensive Checklist

As you approach the exciting milestone of closing day and moving into your new home, it’s crucial to have a well-organized plan to ensure everything goes smoothly. Here’s a detailed checklist to help you prepare for this important day.

1. Ensure Lawyer Appointment is Booked for Signing Final Documents

One of the first steps in preparing for closing day is to confirm your lawyer appointment. This meeting is essential for signing the final documents related to your property purchase. Here’s what you need to do:

 •  Confirm the Date and Time: Reach out to your real estate lawyer to confirm the scheduled date and time for your appointment. Make sure it aligns with your moving schedule.

 •  Prepare Paperwork: Ensure all necessary paperwork is ready for the appointment. This includes the final loan documents, identification, and proof of insurance.

 •  Review Final Loan Terms and Costs: Take time to review the final loan terms and any associated costs. This will help you understand what to expect financially.

 •  Have Funds Ready: Prepare funds for closing costs, which typically range from 1.5% to 4% of the purchase price. Ensure these are accessible and ready for transfer.

 •  Gather Essential Documents: Bring all required documents, including identification and proof of home insurance.

 •  Inquire About Property Taxes: Ask your lawyer or lender about how and when property taxes will be paid to avoid any last-minute surprises.

2. Schedule a Final Walkthrough

A final walkthrough is a critical step before moving into your new home. It allows you to verify that everything is in order. Here’s how to handle it:

 •  Arrange with Your Realtor: Schedule the walkthrough at a date and time agreed upon with your realtor.

 •  Verify Property Condition: Check that the property is in the agreed-upon condition and that all promised repairs have been completed.

 •  Address Issues Promptly: If you encounter any problems during the walkthrough, contact your lawyer, realtor, and mortgage broker immediately to address them.

3. Arrange for Utilities

Setting up utilities is essential for a smooth transition into your new home. Follow these steps:

 •  Contact Service Providers: Reach out to service providers to transfer or establish new accounts for electricity, water, gas, and internet.

 •  Ensure Activation: Confirm that all utilities will be active by your move-in date to avoid any disruptions.

4. Get Home Insurance

Home insurance is a crucial part of protecting your new property. Here’s how to handle it:

 •  Shop for Insurance: Research and choose a home insurance policy that suits your needs.

 •  Provide Proof to Lawyer: Make sure to provide proof of insurance to your lawyer before closing day.

5. Plan Your Move

Proper planning can make moving day much less stressful. Consider these tips:

 •  Book Early: Schedule a moving company or rental truck well in advance to secure availability.

 •  Plan Logistics: Outline the logistics of your move, including packing in stages, to avoid last-minute stress.

By following this checklist, you’ll be well-prepared for closing day and moving into your new home. With careful planning and organization, you can ensure a smooth transition and enjoy the excitement of homeownership.