What paperwork is needed at closing?

Closing day is one of the most exciting days of the entire real estate process. Real estate transactions are very document-heavy and there is a lot of paperwork that needs to be presented at closing.

Of course, like anything else, you’ll need to bring some form of state issued identification. That can include your driver’s license, passport, etc. This is to ensure that all of the signatures you make that day can be notarized, which requires a valid form of identification. You will also need to bring the correct payment for your down payment. You can do so through a certified check, or through a wire payment. If it is through a wire payment, be sure to bring the confirmation number.

It is also important that you bring proof that you have obtained homeowner’s insurance. You should bring the page that details the terms of your insurance coverage. The municipality in which you are purchasing a home may have certain things that they require as well. Your real estate attorney will be able to inform you of what is necessary in your particular situation. For example, you may have to have a water certificate because it is required by the municipality. There are many factors that need to be considered to prepare for closing. An experienced real estate attorney can guide you through each step of the process and will make sure you go into closing day prepared.

Joseph Gachko, Esq. is an experienced New Jersey attorney who can assist you in any of your estate or real estate-related legal matters. If you require legal counsel for your real estate matters, please contact The Law Office of Joseph Gachko today to set up a consultation.