A real estate closing in Florida can be exciting, but it can also be stressful. You hope that things go smoothly, and oftentimes they do, but issues can also arise at the last minute that can derail the process completely.
While you cannot control every aspect of the closing process, U.S. News and World Report describes some steps you can take to help the process go more smoothly and swiftly.
1. Bring the proper identification
You cannot complete the closing process without some form of state-issued ID. A driver’s license will work if you have one. If not, the state usually offers some official form of non-driving identification.
Failure to bring the necessary identification can cause an unnecessary delay in the closing process. However, most of the other paperwork will be the responsibility of the settlement agent, lender or title company, so you do not need to worry about it. It will likely already be there for you to sign.
2. Avoid big purchases
Any furniture, appliances or other large purchases for your new home can wait until after closing. The lender may do a last-minute credit check just beforehand. If that happens, you do not want any last-minute strikes against your credit score. It could actually prevent you from closing on the home. Wait until you have signed the paperwork before considering any other large purchases.
3. Consider the seating arrangement
You have a lot of paperwork you need to sign during closing, and getting through it all can take a long time. You can expedite the process at least slightly by sitting next to your spouse or co-borrower, if you have one, rather than across the table from one another. This makes passing the papers around much easier.
The information in this article is not intended as legal advice but provided for educational purposes only.