Closing on a house and a few things to remember.....

[Jack Bobeck]

So I am closing on a 2/1 in Avondale, 1 block from Orsay and the new Iguana restaurant. I am stoked and looking to do a quick fix and list Mar 1 and sell by April 15. So Its been about a year since I last bought a house and forgot some stupid stuff, don't make these mistakes, add to the list as well to help others. Lots of people at BP Conference, so hopefully they will take what they learn and GO ACT. 

1) Always run your own title search on a property. I use All Florida Title on Beach and Lisa Riebsame is awesome. For less than $100 you can find out if there is another note on a house, or any title messes. Learn about them well before you close so you can get them fixed. My home's agent never knew there was a 3rd party that owned a note in 1st position until the 11th hour, and this person had ICU surgery right before closing. So a mess. 

2) Be onsite for the inspection. Its not always possible, but try and be there for it, as you can ask about things you may see during a walk-through on your own. I had Alpha come in after and give a quote and they sent me a bunch of pictures the inspector should have seen. But did not report to me. His owner will get a copy of the work too, perhaps to serve as a learning tool.

3) The Seller's Realtor is not your friend. I have been after the seller to get rid of JUNK stored in the garage for weeks. Its still there in the 11th hour of the 11th hour. So I have to do another walk through with my agent to make sure all the JUNK is gone. 

4) Never trust the title company/closing office, ask daily if they need something, can they send the wiring instructions, can they confirm the closing date and time. You do NOT want to have to wait for them to FIX something in the paperwork while you are sitting there. Especially if you have things to go and do after the closing. 

That's my list of this closing. I am looking forward to getting this thing done and move onto more.