Posted Under: Home Buying in Orlando, How To... in Orlando, Moving in Orlando | April 18, 2011 5:30 AM
2. Arrange insurance coverage well in advance. Your insurer will do a separate inspection before agreeing to provide insurance. If the home has out-dated wiring, it may result in a much higher premium.
3. Inform all utility, newspaper, cable, phone, alarm system and Internet suppliers of your upcoming move. You may have to provide security deposits for electric or gas accounts at your new home before service is provided.
4. After closing, inform any credit card companies, doctors’ offices, and government departments such as for example your driver’s license. Consider preparing and sending “just moved “cards, with all of your new information, for your friends, relatives and service providers.
5. Consider obtaining after sale warranty protection on your appliances and home systems in advance. This can give you additional peace of mind should anything break down in the months following closing.
By being properly prepared before, during and immediately after you move into your new home, you can both protect against many problems from occurring and making your home purchase a wonderful experience for you and your family.
Closing day for a home buying family represents in many ways, a new beginning. It can also be extremely stressful. Here are a few helpful hints, to make your closing day a success story.
1. Know how much money you will need to bring in on closing. The balance owing will not only include what is stated in the purchase agreement, but will also include land transfer tax, legal fees, disbursements and any closing adjustments. Have this discussion with your lender or agent well in advance of closing to ensure that you have sufficient funds available. If you are using funds from your RRSP to complete the purchase, make sure you start the process at least one month before closing so that the funds will be available.
1. Know how much money you will need to bring in on closing. The balance owing will not only include what is stated in the purchase agreement, but will also include land transfer tax, legal fees, disbursements and any closing adjustments. Have this discussion with your lender or agent well in advance of closing to ensure that you have sufficient funds available. If you are using funds from your RRSP to complete the purchase, make sure you start the process at least one month before closing so that the funds will be available.
2. Arrange insurance coverage well in advance. Your insurer will do a separate inspection before agreeing to provide insurance. If the home has out-dated wiring, it may result in a much higher premium.
3. Inform all utility, newspaper, cable, phone, alarm system and Internet suppliers of your upcoming move. You may have to provide security deposits for electric or gas accounts at your new home before service is provided.
4. After closing, inform any credit card companies, doctors’ offices, and government departments such as for example your driver’s license. Consider preparing and sending “just moved “cards, with all of your new information, for your friends, relatives and service providers.
5. Consider obtaining after sale warranty protection on your appliances and home systems in advance. This can give you additional peace of mind should anything break down in the months following closing.
By being properly prepared before, during and immediately after you move into your new home, you can both protect against many problems from occurring and making your home purchase a wonderful experience for you and your family.
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