Helpful Closing Day Tips for a Stress-free Settlement.

You’ve bought a new home and are understandably extremely excited about finally making your dream home yours. As your closing day nears it’s understandable if you become a bit stressed about this last big step. While your Lacrosse Homes team will guide you through the process from start-to-finish, we’ve got some ideas to calm your nerves.

Here are three key tips from our years of helping homeowners just like you navigate the settlement process that will make this momentous day as stress-free as possible:

1. Focus on Your Lender Documentation Needs

In the weeks leading up to your settlement it’s important that you confirm that all necessary documentation needs have been met and finalized. If there are any conditions to your closing on your new home or outstanding documents that need to be submitted, now is the time to make sure you’ve completed all those requirements so that there are no settlement delays.

2. Make the Most of Your Pre-Settlement Walk-Thru

Your pre-settlement walkthrough will be scheduled within one week of your closing date. This is when you will meet again with your construction team and have your final walk-thru (prior to settlement day) of your home. This is a great time to review materials provided about the coming days ahead and to make sure you have utility information so you can arrange for transfer after settlement. (Remember: Lacrosse Homes will typically schedule disconnection within 48-hours after closing)

3. Create Your Settlement Checklist

Congratulations – you’ve made it to settlement day! We’d advise you to be as prepared as you can for your settlement appointment by having all the paperwork and documentation you’ll need for your closing readily available. Create a folder with all this information and a checklist of specific questions you have so when you meet at the title attorney’s office you’re prepared. Remember, you’ll need these things:

–         Valid photo ID for everyone involved with the transaction

–         Closing funds noted on your settlement documentation (paid by cashier’s check or wire transfer). If you’re wiring funds you will need to obtain instruction from the Title Attorney prior to settlement day. Closing funds are unpaid associated closing costs such as prepaid fees for HOA or any other outstanding funds.

Take a minute to meet Bruce Orr of Lacrosse Homes in our Settlement Day video.

As mentioned, your Lacrosse Homes team will be communicating with you through the entire process, and we’re here to answer any questions you have as they come up. Hopefully, these tips will help you feel less anxious about all that’s needed when settling on your new home. We look forward to working with you!