What Can Homebuyers Expect During the Closing Process?

Memphis Real Estate Podcast with Rita Driver

We’re back today to talk about what the closing process looks like if you’re a buyer.

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Last time we went over what happens during the closing process from the seller’s side. Today, we’ll explain how the process works for a buyer.
Once you go under contract, we start lining up all the inspections and get in touch with your lender. We also speak with a closing attorney. Tammy will need to know your social security number, which mortgage company you're using, and your plan for homeowners insurance. She then sends all of that information to the closing attorney. The closing attorney then makes sure you make it to the closing table without any surprises.

We will take care of all the little details that go into your real estate transaction.

During that process, the closing office will also check the title for you. Our closing attorney, Drew Johnston, is excellent. He’ll make sure the title is clean without any sort of lien.
If you need any help with or have any questions about homeowners insurance, often called hazard insurance, Tammy and I can assist you with that as well. There are often a lot of discounts involved, and you need to ask for those.
It’s important to know that the closing attorney has nothing to do with the keys to the home. Once your lender has given the funds for the home to your closing attorney, Tammy and I will handle getting you your keys.
Whatever I can’t handle, Tammy takes care of and vice versa. Whether you are looking to buy or sell a home, we will take care of all the little details that go into your real estate transaction.
If you have any other questions, please don’t hesitate to give us a call or send us an email. We look forward to hearing from you!