Everyone thinks purchasing a new home is complicated and the truth is…they are right.
In addition to managing your own work, family, and social responsibilities, you have to navigate a myriad of steps and tasks required to purchase a home.
That’s why so many people rank buying and/or selling a home as among the most stressful times in their lives.
The following list is not exhaustive. For some buyers, there may be many more steps involved. For others, i.e., a cash buyer, the process can be much simpler.
This is a high-level overview, but should give you a good idea about what’s involved in purchasing a new home.
And remember…you, too, can buy a home in just fifteen simple steps!
Just don’t forget your Realtor®!
Fifteen Simple Steps To Buying a Home in North Carolina, Part Three
Closing The Deal
11. After the due diligence period and negotiations have concluded, schedule utilities to transfer to your name on the day of closing. You should also hire and schedule movers if you are going to use them.
12. Conduct a final walk-through of the property prior to closing to confirm repairs are completed and that no new or unexpected repairs are necessary. Negotiate further if new repairs are required or if the sellers didn’t hold up their end of the deal.
13. Transfer moneys required for the transaction to the closing attorney who will then divert funds to the proper lenders, lien holders, and the sellers. 14. Attend closing at the attorney’s office and sign the litany of documents required to purchase your new home. This may also be the first time you get to meet the sellers face-to-face. In my experience, both parties attend closing about 3/4 of the time.
15. Your attorney records the deed, you get your keys and move into your new house!
This concludes the three-part series, “Fifteen Simple Steps to Buying a Home in North Carolina.”
Jimmy Grappone is a Realtor® living in the Charlotte area for nearly a decade. His hobbies include fishing, playing golf, watching football, and writing articles about things that interest him. Jimmy is a licensed Realtor® with Allen Tate Company in North Carolina and South Carolina. He is passionate about helping his clients find shelter and having a good time along the way!
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Social Media: @jimmygrappone
Online: http://www.jimmygrappone.com & http://www.itsjimmyon.blogspot.com