Before closing, usually the day before or early the day of, be sure to do a final walkthrough and inspection of the property. If you find any problems, or see something you never noticed before, be sure to write it down. “This list can be used if any final negotiation needs to be made, and will come in handy should a problem arise soon after the closing,” says Price. 

“It’s always a good idea to have a little extra money in your account, and of course, take your checkbook,” recommends Price. This money acts as a buffer should an unexpected closing cost pop up that requires an unanticipated payment. 

Bring both your contract and your loan commitment letter to your closing. “The contract is a good reference should something suspicious arise, and your commitment letter can be used for verification should there be a misunderstanding with your lender,” explains Price. 

Be sure to have the utilities switched over to your name on closing day, and arrange in advance to have electric and water meters read. “Of course, obvious but critical items, like an ID or driver’s license, are also important to have on the day of. You don’t want to be frazzled or searching at the last minute,” explains Price. 

“Be prepared to sign numerous affidavits and documents at the time of your closing,” warns Price. The reward? “At the end of the closing, the seller will hand over your property deed and the keys to your new home.” 

If you’d like to speak with an experienced Frederick Maryland real estate agent who has your best interest in mind, please contact me with any of your real estate or mortgage questions toll Free, 24/7, at 1-800-395-9636 x7 or E-mail me at bill@homes2price.com. My Office number at Real Estate Teams, LLC is 301-695-3020 x2793

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