Remaining organized will help make the home buying process less complicated. With packing and logistics on your mind, you can forget a few crucial tasks. The pre-closing home buyer tasks in this article lists some things you should not miss.
Notify Creditors of Address Change
To stop mail from getting lost, remember to change your address and begin mail forwarding. Mail forwarding is done through the United States Postal Service either on their website or in-person. It is intended as an interim solution and thus remains in place for a brief timeframe. Inform everyone of the change including lenders, insurance providers, employers, and family.
Change Automobile Insurance
Inform your insurance company of your new address. Your rate may fluctuate as a result. If you are changing states, you must also register any vehicles in the new state and obtain a new license. Many states have reciprocity so you will not need to take a driving test.
Register for School
If you have school-aged kids, contact school administration to learn what documentation you will need to enroll them. You typically must have records from the existing school. You might also need copies of medical records and confirmation of residency. Lastly, the process might need to be done in person.
Contact Utility Services
At least seven days ahead of closing, contact utility providers to terminate existing services and start new ones. Do not forget electricity, oil or gas, cable, and phone services. For usage based services, the providers normally take a meter reading on your end/start date. If you forget to initiate service at the new home, then they will physically shut down the prior service and assess a fee to visit and restart it again. Therefore, it is important to contact them in advance to prevent service disruption and additional fees.
Additional Pre-closing Home Buyer Tasks
These pre-closing home buyer tasks are merely a few key to-dos to take care of prior to completing a property closing. You may have other tasks to address based on your particular situation. For example, if you operate a business, you should register that. For assistance with your real estate search, call Christopher Graves at Sierra Pacific Mortgage Company.