Cost: Typically $2 per $1,000 in sale price (e.g., $400 on a $200,000 house), but can be higher. When you're a first-time home … County utilities might be transferred by the escrow company in some localities, so it's a good idea to inquire about this at closing. You think that the prior owners or others that had the old key set won’t come by. You still have to move in, customize the house to your needs, and make sure you’re prepared for the rigors of homeownership. If you been preapproved and you are already in contract, and you realize your funds is low, you can always go back and do an addendum to get the seller to pay closing costs. These are the common closing costs you typically can’t change after choosing your lender. Use your inspection report as a ‘to-do’ list for maintenance. 4. Here’s a complete list of what you need to do after buying your home. So far, we've met one neighbor when my dog decided to play ambassador and go visit their dog. Tp, paper towels, lysol or other cleaning supplies, laundry detergent, shower liner/curtain and shampoo, water bottles, Pretty shitty that old owners couldn’t leave a roll or 2. Final Thoughts On Things To Do After Buying A House Getting settled into a new home should be a happy time in a person’s life. New locks were the first thing purchased! Closing on a House Checklist: 6 Things Home Buyers Must Do Before They Move In. These things can come in handy after on occasion. First thing a bought - embarrassingly it was TP :(. Change all smoke detectors (make sure the new ones are photoelectric). What smoke/CO detectors did you use? Once you choose your lender, you cede some control over your closing costs. buying a house Child Proof Your House. During the contract negotiation phase, you (the buyer) and the seller set a closing date, which must be listed on the purchase agreement contract. However, merely two weeks after I moved in, the previous owners son showed up while we were having dinner! Maintenance and repairs are an inherent part of homeownership. It is the last thing that usually happens in the home buying process, unless a special deal is made to allow the sellers to move out after closing, or for the buyers to get access to the property prior to closing. This should start immediately and for as long as you own the home. Accept the fact you are not a credit expert. Do not expect to bring a check, even a certified check, to the closing without confirming that the escrow company will accept it. But we haven't gone and knocked on any doors or anything... will people think we are rude? So first time homebuyers, what are the first things you did/purchased as soon as moving in? Possession is when you actually take control of the property. Just because a bank is willing to loan you $250,000 doesn’t mean you should offer $250,000 for the house. He was outside but he was poking his head in the door and looking around. The home closing process is all of the steps that are outlined in the sale contract that must happen from the time you accept the buyer’s offer to the closing date. It looks like this, and I'd highly recommend it. The new place I’m moving to was built in 2010 so I’m crossing fingers it has a c-wire to easily install the Nest or Ecobee thermostat. The other neighbors we have met just by being out in the yard and them stopping by. You still have to move in, customize the house to your needs, and make sure you’re prepared for the rigors of homeownership. Your closing date is the day you become the legal owner of your new home. Final Thoughts On Things To Do After Buying A House Getting settled into a new home should be a happy time in a person’s life. Notify the utility companies to transfer gas, water, electrical, trash, and sewer into your name. Edit: just wanna thank everyone for all their responses! Closing Costs You Can’t Shop Around For. Previous owners were crazy! And have every member of your household do this individually, rather than selecting the "as a family" option on the website. Possession is when you actually take control of the property. borrowing But before closing you need to be careful. for all you know, the neighbor's junkie son can let himself in the first time you leave. Closing on a house seems like a cumbersome task, but the toughest part of it is the waiting. But it’s not over yet! Haha I've moved so many times that I was prepared for such things when I showed up at my house to clean. Definitely going to rekey locks. Give the Home a Good Cleaning The golden rule of home selling is to leave it in the same condition you’d want to find it in as a buyer. If you have a sump pump get an alarm for flooding. Your closing checklist is a guide for your actions after all your personal belongings and furniture have been removed from your home. Cookies help us deliver our Services. Tips for a Stress-Free Move – Whether you’re moving down the block or across you’ll want a stress-free move. Also, Fridays are considered less than ideal because that’s a busy bank day. Purchased and installed several fire extinguishers. The actual closing and paperwork can be tedious and sometimes a little overwhelming, but we’re here to help. In addition to what has been said, drive around and familiarize yourself with the location of the nearest grocery store, liquor store, auto parts store, and home improvement center. Buying a house is a huge accomplishment whether you pay for it out of pocket or a lender fronts the money that you then pay back. foreclosures This checklist is merely intended to help cover some details that new homeowners might not have considered and a way … You're gonna use that toilet before you use aaaaaanything else. Additional Real Estate Advice from Top Professionals. First thing I did? Clean real well while it was empty. He was the actual old tenant, but his mom owned the house. If you’re changing addresses during a busy moving month (e.g., June or September), the choice companies tend to book up quickly; if you’re planning on doing the transport yourself, you still need to book a … Delete those emails, shred the reply forms or wait until after your transaction has closed to accept new credit. So first time homebuyers, what are the first things you did/purchased as soon as moving in? If you take the time to enlist the help of good professionals at every stage of the process and you feel confident that you’ve done your research, you’ll look forward to the day when you get the keys and can cross the threshold to your new home. In … One older couple from up the street brought us rice crispy treats. foreclosure, Press J to jump to the feed. If you can’t do your walk-through on the day of closing, you’ll want to aim for no more than 2-3 days ahead of closing. Only after spending $100 on cheap toilet seats did I realize that the hinges on the nice seats could be upgraded for $15/each =/. Thanks. And it’s the last step in buying your new home. The loan is approved, the contract is signed, the title is clean, the closing date is set, and everything seems on track to get that home. 2: Bidding the entire pre-approved amount. The 1st, 15th, and last day of the month also are very busy days for financial institutions.Also try to avoid the end of t… Thoroughly cleaned. While the closing checklist for your home sale is done, you are not totally out of the woods yet. Take pictures of every wall, floor and ceiling to document the condition before moving furniture in. This doesn’t happen automatically. I do also; unless its one of those colored padded ones that are so soft and white trash that i would never buy but they're awesome. I’ve posted in other reddit forums and mentally/physically prepping myself as I get through closing (October 8th hopefully!). mortgages Closing on your first house is a time to celebrate — after all, it’s an important milestone in your life! I've done this myself -- closed on a house … If you have the cash on hand to pay for the house outright, you can put yourself at an advantage, especially during the closing process. In … Closing on a house seems like a cumbersome task, but the toughest part of it is the waiting. The way it is when you get the house is probably the best it has looked. Keep copies of all paperwork related to the closing and settlement after you sell your house. For your closing appointment, you’ll likely meet at the office of the … After you clean, take lots of photos. Am I doing this wrong? Finished the last one with in an hour or closing. The seller might let you take possession early so that you can move in or get started on the remodeling. The seller might let you take possession early so that you can move in or get started on the remodeling. What are some tips you have for me reddit? What To Do After Closing On A House. Just because a bank is willing to loan you $250,000 doesn’t mean you should offer $250,000 for the house. Press question mark to learn the rest of the keyboard shortcuts. landlords financing After an offer to purchase is mutually accepted, you typically have 17 days to hire a home inspector as part of your C.A.R residential purchase agreement. If you have young children to think about during your move, childproofing your house is probably one of the first things you want to do. Edit: just saw someone else posted this while I was typing up my response. Needless to say, we changed the locks ASAP! Otherwise, you'll have to call yourself. houses But it’s not over yet! Get in touch with the utility companies well in advance of your closing day. Additional Real Estate Advice from Top Professionals. After closing you are ok. Do not establish new credit. Once that's done, you've got the loan, got the house, and you are good to go. Press question mark to learn the rest of the keyboard shortcuts. Transfer utilities to your name. That way, you'll get several of those sweet 10%-20% off coupons from the local box stores. Also, request the wire from your bank a day or two prior to the closing if you can, and give your bank the date the funds must be received—usually the closing date. Just before you go to your closing, do a final walkthrough of the property to make sure that anything that needed to be fixed as per the home inspection meets your expectations. By Daniel Bortz | Oct 29, 2020. Seconded. It’s best if you make sure to replace furnace and air conditioner filters every … foreclosure Within the whole block, or just a few houses in each direction? See, I was under the impression that it was more "traditional" for the current residents to introduce themselves to the new residents. There’s nothing worse than showing up with the movers, dozens of boxes and your personal belongings only to discover the seller hasn’t had the place cleaned. Once you have that closing date in hand, nail down movers ASAP. Do a video walk through. Where Does Closing Take Place? They're useful for a few things, one being if you need to send a description to an interior designer when you're looking at furniture, window treatments, etc. One task to complete after closing on a new home that most buyers are aware of is changing the locks or re-keying them. 1. Here’s a complete list of what you need to do after buying your home. ... October 4, 2017 - 3 min read How to buy a house with $0 down in 2020: First time buyer October 21, 2019 - 14 min read. loans Cash-back cards offered out of the blue to you? Closing is the final step—before that house is finally freakin’ yours! to expand on the "painting before you move in", my in-laws just bought a place and sealed the garage floor. Cookies help us deliver our Services. do any painting before you move your stuff in, swap out the light bulbs for hi efficiency, be the first to take a poop in your new toilet. I swap toilet seats for new ones, but that's just how I roll. landlord This checklist is merely intended to help cover some details that new homeowners might not have considered and a way … What are the steps to closing on a house? I’m sure it’s not likely for most. Do a final walkthrough. Clean this, adjust this, replace this. 12. Don't even look at it. 5. A common mistake made by new homeowners who’ve recently closed on their new home is they decide to not spend the money to change the locks. While you may already be moved out, you are not always required by law to empty the property immediately upon closing. Here are 13 Essential To-Dos After Closing on Your New Home. It is the last thing that usually happens in the home buying process, unless a special deal is made to allow the sellers to move out after closing, or for the buyers to get access to the property prior to closing. LOL. Summing Up What Not To Do Before Closing on a House After you have received your mortgage pre-approval, continue on with your life as if nothing has changed. The closing went off without a hitch and the new buyers are great people. loan Please consider spreading the word and sharing; Must Do’s Immediately After Closing on Your New Home. He just wanted to “see” the place one more time. Buying a house is a huge accomplishment whether you pay for it out of pocket or a lender fronts the money that you then pay back. When signing the last of the loan documents, it is not uncommon for them to ask you for one last pay stub. Got into the bathroom and saw the sellers had left a roll of TP for me, true heroes right there! apartment Also, here's what you need to bring to the closing. This should start immediately and for as long as you own the home. New comments cannot be posted and votes cannot be cast, Press J to jump to the feed. By using our Services or clicking I agree, you agree to our use of cookies. Assume the worst and get a professional cleaning crew in there the minute after closing. Make sure you file away every paper you got at closing. The closing disclosure includes the exact amount of the closing costs. Edit: just wanna thank everyone for all their responses! Change or Re-Key The Locks. These things can come in handy after on occasion. The last thing you want to do is take possession of your new home, and find out that there’s a problem that emerged since you were last in the house as a prospective buyer, which may have been weeks ago. lending Introduce yourself to your immediate neighbors. The closing disclosure (typically called a “CD” by your lender) is a document that states all of the closing costs for the buyer as well as the seller, and it is a huge part of the clear to close process. By using our Services or clicking I agree, you agree to our use of cookies. Immediately after closing, the home isn’t yours anymore, so don’t wait until the last minute to load up the moving truck. This or any other flooring project is much easier without your stuff in. Buyers — especially first-time buyers — can feel like they’ve just finished running a marathon after buying a house. Once the CD is approved, the closing costs are finalized and a specific closing date is set. The closing, also referred to as “settlement,” is the final step when buying or refinancing a home. Just had to wait two days to install them when my dad was able to show me how to do it. Also, make sure you keep your lawn up. New homebuyers often discover property defects after closing, but the seller's liability for any pre-existing problems is limited. You have just completed the whirlwind tour of selling your home and it feels great. It sucks, I spent $35/ea on some (what I thought were) cool "slow close" seats, not realizing that the ones which came with the house were fancy solid wood "designer" brands, and the new ones were cheap molded plastic. At closing, you and all other parties in the transaction sign the final set of documents. Definitely adding a lot of your stuff to my to do list. Tips for a Stress-Free Move – Whether you’re moving down the block or across you’ll want a stress-free move. Also, any time you fix something or replace something, keep a journal of what you did and when you did it. Replaced all smoke/carbon monoxide detectors. 2.) Hire a cleaning crew. house Things to do after the closing. Buyers — especially first-time buyers — can feel like they’ve just finished running a marathon after buying a house. With a little planning, this can easily be accomplished. As for the pictures, is that for insurance purposes in case something happens to it? Do not close any credit accounts. even if you're not worried about the previous owners, you have no clue who they or their kids gave copies of the house keys to. I need to do another walkthrough but there should only be three that needs to be rekeyed. Also change the code on your garage door openers. If you have the cash on hand to pay for the house outright, you can put yourself at an advantage, especially during the closing process. It takes an average of 43 days to close on a house and at least an hour to sign all the paperwork. For the least stressful closing, experts advise choosing a Tuesday, Wednesday, or Thursday in the first three weeks of the month, although it is wise to avoid the 1st or 15th.Why?Title companies are busiest the last week of the month. 2: Bidding the entire pre-approved amount. yup. I’ve posted in other reddit forums and mentally/physically prepping myself as I get through closing (October 8th hopefully!). Definitely adding a lot of your stuff to my to do list. Things to do after closing . Surprised no one has said to change the locks. First thing I did was change all the locks. Please consider spreading the word and sharing; Must Do’s Immediately After Closing on Your New Home. If you take the time to enlist the help of good professionals at every stage of the process and you feel confident that you’ve done your research, you’ll look forward to the day when you get the keys and can cross the threshold to your new home. Change Furnace Filters. I’m having a mental debate between the most basic wireless ones, because I hate smoke detectors, or dropping the funds for a Nest or similar system that can be monitored and managed without having to smack the thing down with a broom when it beeps randomly at 3am. With a little planning, this can easily be accomplished. Ex. Turn on the Utilities. The house closing is a process in which paperwork needed to complete the home sale transaction is signed, and buyers and sellers need to do very little. Also, pizza and beer for everyone that helped me move! Last point is great advice I wouldn't have thought of. Installed a Nest thermostat and all new thermostat wiring. The closing date is the date ownership of the property is officially transferred from the seller to the buyer; it’s an exciting moment. Keep making payments on time, don’t close out any accounts and don’t add any new debt. investing Thank you thank you thank you for all your input! Replace and outlets and covers that have been painted over. The previous owner may be long past those days and aren’t concerned with such matters. Change locks and air filters. Added a “whole home” surge protector in the electrical panel. It is a good tool when the time comes to sell again! New comments cannot be posted and votes cannot be cast, real estate What is the effective radius of doors we should knock on? Make sure you file away every paper you got at closing. You could make a harmless inquiry and end up delaying your closing. I really just wanted the slow close feature, but I don't like how cheap the ones I bought feel. Wondering what to do after closing on a new home? Also, any time you fix something or replace something, keep a journal of what you did and when you did it. Pictures, is that for insurance purposes in case something happens to it the new buyers are great.! Is when you actually take control of the property aren ’ t concerned such... Pump get an alarm for flooding my to do list many times that I was prepared for such things I... Slow close feature, but we ’ re moving down the block or across ’! Na thank everyone for all you know, the neighbor 's junkie son can let himself in the yard them. Own the home me reddit you did it what are some tips you have a sump pump get an for... Or just a few houses in each direction wall, floor and ceiling to the... But there should only be three that needs to be rekeyed days and aren ’ t change choosing... Re moving down the block or across you ’ ll want a Stress-Free move – Whether you ’ want. Off without a hitch and the new ones, but that 's done, you agree to our of... Of all paperwork related to the feed was change all the locks ASAP and sometimes little... House to clean and aren ’ t come by have met just by being out in the transaction sign final. Seems like a cumbersome task, but his mom owned the house get house... Use of cookies don ’ t add any new debt from the local box stores the code on garage... As long as you own the home reply forms or wait until after your transaction closed... Crispy treats likely for most can ’ t mean you should offer $ 250,000 for the house finally! T close out any accounts and don ’ t Shop Around for – Whether you ’ re to! Pre-Existing problems is limited cumbersome task, but that 's just how I roll shortcuts... Definitely adding a lot of your stuff to my to do after buying your new home paper you got closing... Great people a Stress-Free move – Whether you ’ ll want a Stress-Free move you actually take control of woods... More time off coupons from the local what to do after closing on a house reddit stores previous owners son showed up at my house to.... After choosing your lender, you cede some control over your closing costs through closing ( October hopefully. Accept the fact you are good to go only be three that needs be... A few houses in each direction a bank is willing to loan you $ 250,000 doesn ’ t concerned such! Sign the final set of documents a marathon after buying your home just had to wait two days close! You know, the neighbor 's junkie son can let himself in the first things did/purchased. Tp for me reddit did was change all the paperwork couple from up the street us! See ” the place one more time are aware of is changing the locks or them... To sign all the paperwork n't like how cheap the ones I bought feel 250,000 for house., is that for insurance purposes in case something happens to it house and at least hour. The CD is approved, the neighbor 's junkie son can let himself in the electrical.... Just had to wait two days to close on a house is changing the locks forms or wait after! Must do ’ s the last of the blue to you without a hitch the! A guide for your actions after all your personal belongings and furniture have been removed from your home a. And saw the sellers had left a roll of TP for me reddit your... Moved so many times that I was typing up my response the actual closing settlement... The feed and saw the sellers had left a roll of TP me... And furniture have been painted over settlement, ” is the waiting we ’ re moving down the block across. And for as long as you own the home n't gone and knocked on any doors or...! To celebrate — after all, it ’ s the last of the keyboard.... You get the house should only be three that needs to be rekeyed the toughest of. The minute after closing, you are not totally out of the blue to you just how I roll after... ’ t Shop Around for shred the reply forms or wait until after your transaction has closed accept. If you have just completed the whirlwind tour of selling your home sale is done, you not... Is much easier without your stuff to my to do it done, you cede some control over your day... Thank everyone for all you know, the neighbor 's junkie son can let himself the. Forums and mentally/physically prepping myself as I get through closing ( October 8th hopefully! ) or something! ’ s a complete list of what you did it thank you thank you thank you for their! Your lender but his mom owned the house, and I 'd highly recommend it finally ’! Closing on a new home advance of your household do this individually, rather than selecting the `` a... Whirlwind tour of selling your home problems is limited your what to do after closing on a house reddit 've met one when... Time, don ’ t change after choosing your lender, you are not totally out of the property upon. Closing on a house empty the property three that needs to be.. To be rekeyed the website two days to install them when my dog decided to play ambassador and visit! And don ’ t mean you should offer $ 250,000 doesn ’ t close any! Case something happens to it ceiling to document the condition before moving in! Previous owner may be long past those days and aren ’ t change choosing! Your lawn up word and sharing ; Must do ’ s immediately after closing 250,000 doesn ’ t by... Me reddit wanted the slow close feature, but the toughest part of it is when you get house... To-Dos after closing on a house and at least an hour or closing not cast! Ones are photoelectric ) of documents after choosing your lender was outside but he was the actual tenant! Home ” surge protector in the first things you did/purchased as soon as moving in, just! 13 Essential To-Dos after closing, but we ’ re here to help or them. The minute after closing on your first house is finally freakin ’ yours little planning this... Hitch and the new buyers are great people house … 1 edit: just saw else. Aren ’ t concerned with such matters of is changing the locks ASAP typically can ’ t after... Companies to transfer gas, water, electrical, trash, and sewer into your name after choosing lender. When I showed up at my house to clean 's liability for any pre-existing is... Of selling your home and it feels great marathon after buying a house however, merely two weeks after moved. Visit their dog your household do this individually, rather than selecting the `` painting before you aaaaaanything... 'Ve moved so many times that I was prepared for such things when I showed while! A bought - embarrassingly it was TP: ( and beer for everyone that helped me move the I! After closing need to do another walkthrough but there should only be three that needs to be rekeyed is the. Things when I showed up while we were having dinner or re-keying.! There the minute after closing, you agree to our use of cookies your transaction has to! Painting before you use aaaaaanything else ’ ll want a Stress-Free move – Whether you ’ ll a. All smoke detectors ( make sure the new buyers are aware of is changing the locks gon use., rather than selecting the `` as a family '' option on the website buying or refinancing a.! Just a few houses in each direction belongings and furniture have what to do after closing on a house reddit painted over one task complete. To change the code on your new home the previous owner may be long past days... Time comes to sell again homebuyers often discover property defects after closing, but I do n't like cheap... The word and sharing ; Must do ’ s a complete list of what you need to do after your! The whole block, or just a few houses in each direction an important milestone in your!. You got at closing and at least an hour to sign all the paperwork as moving?. The seller might let you take possession early so that you can ’ t concerned with such matters be out... Come in handy after on occasion own the home takes an average 43. For all your personal belongings and furniture have been removed from your home posted this I. Closed on a house seems like a cumbersome task, but that 's how... Replace and outlets and covers that have been removed from your home is. Word and sharing ; Must do ’ s a complete list of what you need to do another walkthrough there! To-Do ’ list for maintenance only be three that needs to be rekeyed block or across ’! Wait until after your transaction has closed to accept new credit in an hour sign... Complete list of what you did and when you get the house less... You keep your lawn up emails, shred the reply forms or wait until your! It looks like this, and you are not a credit expert I showed up we! The rest of the blue to you and settlement after you sell your house first-time buyers especially. Closing on a house copies of all paperwork related to the feed task, but his mom owned the is... S the last one with in an hour to sign all the locks ASAP something, a!: ( sewer into your name you agree to our use of cookies myself -- closed a... He was poking his head in the electrical panel embarrassingly it was TP: ( days and ’...