We are so close! We have our clear to close and we are getting ready to go to the closing table. The title company is responsible for coordinating and dispersing all funds properly. We will send the title company your loan package up to 2 days in advance before the closing date. Typically, around this time, the title company will send you wiring instructions for closing. ALWAYS call the title company to confirm the wiring instructions. Wire fraud is a real thing. Who knows if someone’s email account has been compromised or hacked? If you wire those funds to the wrong account, there is no recourse to help you. Those funds are gone. Therefore, it is crucial to pick up the phone and call the title company directly to confirm their wire instructions. Thankfully, none of our clients have ever had an issue with wire fraud. We stress the importance of this process because we do not want any of our clients to become a statistic.

On the day of closing, please bring your ID to closing. Also, in the state of Florida, if you are purchasing a primary residence, your spouse must sign at the table acknowledge you are taking out a lien on your primary residence. If they do not sign, we cannot close. Prepare your wrists, as you will have a litany of documents to sign. Once you are done signing the documents at the closing table, the title company will upload the documents to the lender. They will review to make the documents were completed properly, which typically takes around an hour. Once the lender completes their check, the title company will be able to disperse funds and you are a new home buyer. Congratulations! You are the brand-new owner of the home!

If you like to learn more about the mortgage process or have any questions about mortgage financing, give us a call at the office at 727-376-6900.

NMLS ID: 327290; NMLS ID: 2062741

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