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Updated over 10 years ago on . Most recent reply

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Brett Brown
  • Metamora, IL
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First Closing

Brett Brown
  • Metamora, IL
Posted
So I have my closing this Friday for my first investment property. Was curious as to what I should be expecting, asking etc. etc. I've only been to one closing and that was my own home and that was a big blur because I had no idea what was going on. I think I've prepared myself fairly well but I'm obviously still not familiar with the whole process so I'm looking for any insight.

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Ned Carey
  • Investor
  • Baltimore, MD
12,722
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Ned Carey
  • Investor
  • Baltimore, MD
ModeratorReplied

Get the title company (escrow agent, attorney or whatever you is customary in your area) to send you a HUD-1, 24 hours ahead of settlement review it and look for mistakes.

Make sure you are clear on what you need to bring in terms or certified funds. You will also need your drivers license for ID.  It's always good to bring an extra check becuase sometimes the numbers can change the day of settlement and you need an extra hundred dollars or so to close. 

Congratulations and good luck on the deal. - Ned

  • Ned Carey
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