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BuyingAHome-JenniferChristenot

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want to make sure that there’s no major damage that wasn’t<br />

present the last time you were there, that any appliances or<br />

other items that were included in the contract are in fact still<br />

there, and that the home is in the same condition it was when<br />

you agreed to buy it.<br />

Although taking that final walk-through is not required of<br />

you, it’s essentially as important as an inspection where you’re<br />

looking throughout the home and making sure you’re happy<br />

with it. During the walk-through make sure you check that the<br />

furnace is working, that the roof is in good shape if possible,<br />

that there’s hot water, and that all the toilets are flushing<br />

properly.<br />

24.) What can I expect at closing?<br />

Closing is something you’ll hear a lot about during the homebuying<br />

and mortgage process and many buyers, especially<br />

first-time buyers, don’t really know what’s going to happen or<br />

what they can expect. Where does this “closing” even happen?<br />

Closing is simply when the deal essentially closes and you<br />

take ownership of the home. Typically keys will be exchanged,<br />

closing costs will be cleared up, and any remaining items<br />

will also be taken care of. During the home loan process your<br />

lender should have provided you with an estimated closing<br />

disclosure (CD) of how much you’ll have to pay at closing;<br />

they’re required by law to supply this estimate. They’ll also tell<br />

you about any and all documentation that you’ll need to bring<br />

29<br />

FAQ’S ABOUT BUYING A HOME | JENNIFER CHRISTENOT

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