You can guarantee a smooth
closing process before you are handed the keys to your new Las Vegas luxury home with a little research and advanced
preparation. Here are few of the common
closing-day nightmares, and advices on how to avoid these disasters from
ruining your home buying experience:
-
In some cases you will get unwelcoming
surprises like missing appliance or cracks previously hidden by an ornament
about 24 hours before closing. Having a home inspection contingency before
completing the offer can prevent this terrible situation.
- You will receive a settlement which
outlines the final costs associated with your mortgage before closing. Read
this over carefully and compare these costs to those listed in the Good faith
Estimate (GFE) that you initially received from your lender. It is common that
there should not be differences on the costs between those two. However,
sometimes there are legitimate reasons why they may be a little higher. Plan to
go to bank before the closing meeting and get a cashier's check (or certified
check) because you need to pay these costs with guaranteed funds. Plus,
remember to bring your driver's license and checkbook to make sure you are
prepared.
-
As you arrive at your new Las Vegas luxury home, you may be
shocked if the seller's belongings have not yet moved out. You may consider
adding a clause in your purchase agreement, which specifically affirms that
seller is responsible for any expenses you acquire if the home is not vacated.
You can use these guidelines to
avoid potential troubles on the closing of your new Las Vegas luxury home. It is considerable to be mentally and
financially prepared throughout this process.
Need more information on a Las
Vegas Luxury Home for Sale?
Shapiro & Sher Group
Prudential Americana
(702) 315-0223
sold@lasvegasfinehomes.com