8 Point Checklist to Closing on a Property in Port Angeles WA. How to make the process goes smoothly, by Steve Edwards, Port Angeles Real Estate Expert

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April 15, 2009, by in Tips for Home Buyers

The closing process is the last step to purchasing or selling Port Angeles Real Estate. The process can often be intimidating because of how much legal paperwork there is involved. In this article I'll walk you through the process so that the closing process will go much smoother for you.

1)    Port Angeles Homeowner's Insurance

Insurance is always necessary to get the mortgage. Remember to get Port Angeles homeowner's insurance and bring proof to closing.

2)    Gather All Your Paperwork

Make sure you have all your paperwork in place the day before closing. Review all your paperwork to make sure that everything is in order.

3)    Have Your Port Angeles Real Estate Inspections Completed

Have the property inspections completed when you come to escrow. If there are any repairs that are necessary, make sure they're in writing.

4)    Have Title Insurance

It's important to get title insurance for your Port Angeles Real Estate purchase. Title insurance insures that the title on your property is clean.

5)    Get Approval of Mortgage

At this point, your mortgage should be approved so that you can get your loan to pay for your new Port Angeles Real Estate / property.

6)    Bring Your Cashier's Check

The amount necessary for closing the on the Port Angeles property should always be in the form of a cashier's check.

7)    Clear All Contingencies

At this point, all contingencies and clauses should be cleared so that you can go ahead with the transfer of the deed.

8)    Understand Your Closing Costs

Before closing, it's important to have a good idea of what your closing costs are. It's also important to know who will pay the closing costs. Unless otherwise stated, usually the Port Angeles buyer pays the closing costs.

Following these tips should make the whole closing process goes much smoother for you. Remember to talk to your Port Angeles real estate agent and your loan officer about the closing process, as they've both been through the process many times.

There is a lot of free information available to you about buying, selling or investing in Port Angeles real estate. For complete information about the Port Angeles real estate market including current homes for sale, Port Angeles property values and more please visit the most complete website online dedicated to everything Port Angeles real estate. Feel free to contact me with any of your Real Estate or Mortgage questions / concerns and I’ll be more than happy to answer them. Call me on my cell at 360-809-3064 or email me at steveedwards@olypen.com