Buyer Closing Details 
                      

  Your Hampton Roads

  Connection

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 For Free Custom Market Analysis Property or Foreclosure List

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Closing:  Watching the details!
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           LENDER PROCESS: 

·      Order insurance get info to agent

·      Contract emailed to lender

·      Email "Consent to Proceed" from buyer to lender

·      Appraisal ordered (after HBI)

·      Title search done by Attorney/Closing agent

·      Documentation & verification to Lender

·      Certificate of Eligibility/Statement of Service

·      (Order as soon as starting the Process)

·      Loan to underwriting/QC

·      Loan pkg to Attorney/Closing Agent/Closing Disclosure done

·      CD "Acknowledgement" to Lender Via email

·      3 Days from CD to Close

·      Survey ordered by Attorney/Closing agent

      BUYER: 

·         TRANSFER UTILITIES FROM SELLER

·         Order insurance get info to agent

·         Water Dept Norfolk   

·         Water Dept Portsmouth  

·         Water Dept Chesapeake      

·         Water Dept Virginia Beach     

·         Water Dept Suffolk     

·         Columbia Gas Company  

·         Virginia Natural Gas  

·         Dominion Virginia Power  

·         VA811 (Call before you Dig)  

·         Connect/Compare Other Services  

    BUYER'S AGENT:
·        Review Closing Document
·        Attend Closing
·        Co-ordinate walk thru
·        Co-ordinate closing


    WALK THRU:  
·     Prior to closing:
·     Check all electric/plumbing/HVAC & repair work
·     Obtain all repair receipts for closing




    CLOSING: 
·      Bring 2 PHOTO ID
·      Certified funds or Wire to Atty/Closing Agent
·      Get all keys, remotes, warranties
·      Receive copy of all paperwork
·      Attorney reviews all docs
·      Attorney disperses funds (Next bus. afternoon)

    CLOSING  LINKS

·         Shaheen & Shaheen Attorneys at Law (Kathryn Ward)

·         US Postal Service  (Some cities require CD) 

·         Insurance quotes 

·         Andy Hulme (O) 757-248-5973  (DL) 757-644-5539

·         DMV (On Line)

 

    Helpful Links:

·          HOME IMPROVEMENT ESTIMATOR 

·          RETURN ON IMPROVEMENT INVESTMENT 

·          AARP: Reverse Mortgage (keep your home)