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STEP 7: The Closing Process
While it may seem like nothing is happening, rest assured, there are multiple things happening in the background simultaneously! If you financed your purchase, your lender is working diligently to ensure that your loan application is processed and ready before closing day. Meanwhile, the title company is researching the property to make sure there are no outstanding liens and no surprise owners who might come knocking in an attempt to stake claim in your property after closing has happened.
Both your lender and the title company may request additional documentation from you all the way up to the day of closing. It is important that you check your emails regularly and reply promptly to keep things moving along as scheduled.
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