The Ultimate Homebuyer’s Closing Checklist Step-by-Step Guide for Buyers
Buying a home is exciting—but the final steps before closing can feel overwhelming if you don’t know what to expect. Missing a single document, deadline, or inspection can delay your closing or cost you money. That’s why every buyer needs a clear, organized checklist to follow from contract to closing day.
This guide walks you through the entire process—what to do before you make an offer, after your contract is accepted, in the days leading up to closing, and what happens the moment you receive your keys.
1. Before You Make an Offer – Buyer Preparation Checklist
✅ Check your credit and finances
- Review your credit report
- Pay down existing debt if possible
- Avoid new loans or credit card applications
✅ Get pre-approved—not just pre-qualified
- Submit income, asset, and employment documents to your lender
- Receive an official approval letter to strengthen your offer
✅ Set your realistic budget
- Include down payment, closing costs, inspections, and insurance
- Don’t forget moving costs and immediate repairs
✅ Hire a trusted real estate agent
- Choose someone local, experienced, and responsive
- Ask if they work well with title companies and lenders
2. Under Contract – What Happens After Your Offer Is Accepted
Once your contract is signed, the clock starts. Deadlines matter.
✅ Deposit Earnest Money
- Typically 1–3% of the purchase price
- Paid to the escrow/title company to show serious intent
✅ Hire a Home Inspector
- Schedule immediately (usually within 5–10 days of contract)
- Review findings and negotiate repairs or credits
✅ Choose Your Title Company – This Is Where The Title Guy Comes In
- Title search begins to uncover liens, judgments, or ownership disputes
- Order title insurance (lender’s policy is required; owner’s policy is strongly recommended)
✅ Apply for Final Mortgage Approval (Underwriting)
- Submit updated financial documents
- Provide bank statements, W-2s, tax returns, and paystubs
- Avoid job changes or large bank deposits during this time
✅ Order Appraisal (required by lender)
- Confirms the home’s market value
- If the appraisal is low, negotiate price or increase cash
✅ Shop for Homeowner’s Insurance
- Required before closing
- Provide proof of coverage to your lender and title company
3. Two Weeks Before Closing – Preparation Phase
✅ Review Title Commitment
- Confirms clear ownership and any title exceptions
- The Title Guy will notify you if anything needs to be resolved
✅ Schedule Utilities Transfer
- Electric, gas, water, trash, internet, and security services
✅ Lock in Your Interest Rate (if not already done)
✅ Review the Closing Disclosure (CD)
- Must be provided at least 3 business days before closing
- Shows final costs, loan terms, and amount due at closing
4. One Week to Closing – Final Buyer Checklist
✅ Plan Your Down Payment & Closing Costs
- Get wire transfer instructions only from verified title company staff
- Beware of email wire fraud—confirm by phone with The Title Guy before sending any funds
✅ Schedule Final Walkthrough (24–48 hours before closing)
- Check that repairs were completed
- Ensure the property is clean, empty, and as agreed
✅ Collect Required Documents for Closing Day
Bring:
- Government-issued photo ID
- Certified check or confirmation of wire transfer
- Proof of homeowner’s insurance
- Any documents required by your lender
5. Closing Day – What Happens at Settlement
✅ Meet at title office or close remotely if approved
✅ Review and sign documents including:
- Promissory Note
- Deed of Trust or Mortgage
- ALTA Settlement Statement
- Closing Disclosure
- Title insurance documents
✅ Pay closing costs and down payment
✅ Title Company funds the transaction
✅ Deed is recorded with the county
✅ You receive the keys—you officially own the home
6. After Closing – Final Steps for Buyers
✅ Keep all closing documents in a safe place (physical + digital copies)
✅ Your Owner’s Title Insurance Policy will be mailed after recording
✅ Confirm deed recording online with your county
✅ Change locks and update alarm codes
✅ File your homestead exemption if applicable
✅ Save closing costs receipts for potential tax deductions
Quick Buyer’s Checklist Summary
✔ Pre-approval secured
✔ Earnest money paid
✔ Title company selected
✔ Inspection completed
✔ Appraisal ordered
✔ Mortgage approved
✔ Insurance secured
✔ Final walkthrough completed
✔ Funds wired safely
✔ Documents signed
✔ Keys in hand
Close With Confidence Work With The Title Guy
The difference between a stressful closing and a smooth one often comes down to preparation and having the right team. The Title Guy ensures:
- Clear title to your property
- Accurate closing costs—no surprises
- Secure wire transfer process to prevent fraud
- Professional closings in-office, mobile, or remote
- Owner’s and lender’s title insurance issued quickly and correctly
Ready to close on your home with confidence? Contact The Title Guy today.
