There isn’t anything quite as exciting as closing on your new home. All the dreams and aspirations you have for this new place you are going to call home are bundled together in a ball of excitement. Many people are ready to close as soon as possible once they have found the ideal property for them. When it comes to closing, there are certain things that will take some time no matter how prepared you are, but you can definitely move things along by following these steps given below by Lifeline Home Inspections.

Have Mortgage Closing Documents Ready

There are several documents that are needed for closing on a house. You will need a certain number of bank statements, pay stubs, W-2 forms and more before a lender will work with you to close on your house. The faster you work to get these documents together, the faster the process will be.

Get Pre-Approved for a Mortgage

Before you even start looking at houses, it is wise to get pre-approved with a lender. This will give you an idea of what you can get approved for and give you the peace of mind that comes with a pre-approval. This way the mortgage process has already begun and is underway before you even put an offer down on the house.

Have Enough Money at Closing

Even if you aren’t putting much down on the house you are trying to purchase, there is a certain amount of money that will be needed at closing. You will need to have this money in cash to keep the ball rolling. If you aren’t prepared for this element of closing on your home, the process will come to a halt and will not continue onward until you have the funds.

Create a Timeline for Repairs After Home Inspection

It is not uncommon for a home inspection to uncover issues that have been silently hiding in a home. When this happens, most buyers and sellers work together to get the issues resolved. Many buyers will require the homeowners to solve the issues before they close on the home. Creating a timeline for these repairs will help to speed things up as the owners will have deadlines they have to meet for repairs. Sometimes, the buyers will ask for the cash to repair the issue when it is convenient for them after they close on the house.

Work With an Experienced Lender

If you work with an experienced lender, they will stay on top of all the requirements needed to close in a timely manner. This can be the difference between weeks to months on the end of a closing if you don’t make the right choice.

Buyers Home Inspections, Sellers Pre-Inspections & More in Fulton, Spalding, Coweta, Douglas, Pike, Upson & Fayette County, Georgia

At Lifeline Home Inspections, we know how important it is that you close as soon as possible. This is why we go out of our way to ensure your home inspection is done as soon as possible when you call to make the appointment. Call us today!