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Step 8 - Closing Day

Up until now the circle of communication has been between you, the lender and realtor.  Now the closing company will join in to finish up the last details of the process. 

A few days prior to closing the lender will send you closing disclosures that you must sign and return.  This generally is no less than three days before closing. 

Here are a few important details to remember about closing:

  • Even though a spouse may not be on the loan they still must be at closing to sign the mortgage documents.  
  • Any monies required of you will need to be a cashiers check payable to the closing company.  CASH WILL NOT BE ACCEPTED.
  • You must provide proof of identity (drivers license or some other form).

Generally, it takes 30 - 45 minutes to sign the loan and closing documents.  Upon signing the documents you now get the keys to your new home.

For a detailed explanation of the buying process contact a Preferred sales associate.

How Much Can You Afford To Purchase? It doesn't take much effort to find out. Just a phone call, a little financial information, and permission to run your credit check.  Within a few hours you will know how much you can afford to purchase  Contact a lender 

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How much is your home worth?   Don't rely computer generated zestimates to determine your home's value.  Call a Preferred sales associate. We know the market, we understand buyer's expectations, and we know where value can be added  Contact us

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Follow this link for a clear understanding of foreclosures.

Thinking about selling?   CLICK HERE to learn about our selling consultation.

Preferred Sales Associates are easily reached and ready to assist you.  CLICK HERE  for agent roster. 

Preferred Real Estate is locally owned and operated.  We are in Duncan, Okla. @ 1455 Chisholm Trail Pkwy.

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