How the deal gets done: Closing on your new home.
A lot has to happen before you can close on a new home successfully. Some of it is your responsibility, and some of it belongs to others. But dont expect it to happen overnight or perfectly smoothly. There are too many factors involved. And theres a lot of money riding on the deal, toonot all of it yours. So the wisest thing to do is take care of everything at your end; dot every i and cross every t that you can from your end of things. And be picky, picky, picky about who youre doing business with; from the get-go, choose only the most experienced, successful professionals and companies that you can find. They have what it takes to make the long, complicated process considerably more bearable. For example, if its possible, its a good idea to go with a Texas-based lender, because of Texas real estate laws, some of which differ from that of some other states. An out-of-state lender might make some mistaken assumptions that could add to delays.
For most homebuyers, pre-qualifying for a home loan and signing a contract are major steps. But thats just the beginning of the journey towards home ownership. And the rest of...
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