4 Common Closing Surprises

Phoenix Real Estate Podcast

Being surprised at the closing table is something you should always try to avoid. Today we’ll go over four common things to look for.

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When you get to the closing table, the last thing you want is to be caught off guard. Today I’ll be discussing four potential surprises to look out for when closing.
1. The walkthrough. The final walkthrough is the last time you’ll see the home before you own it. For this reason, it’s incredibly important to ensure that any repairs you had done are completed and that the home is in the same condition as it was when you agreed to it.
2. Make sure nothing is missing. Everything you saw when you first arrived should still be on the property. Before you close, go through the property to ensure that any agreed-upon items are where they were left.

The last thing you want is to be caught off guard.

3. Lending. Issues with lending can arise at the last minute. To make sure that this doesn’t happen, make sure that you are well aware of what is happening every step of the way. Check periodically with your lender to make sure things are still on the right track.
4. The title. Just like with lending, there can also be some sudden issues with the title, as well. Make sure that you are on the lookout for any liens that show up at the last minute.
If you have any other questions or would like more information, feel free to give me a call or send me an email. I look forward to hearing from you soon.