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EGEN: You want to make sure that when you actually come to the closing table, you have
everything set because then it will cost the buyer more money to reschedule and reset a
closing and depending on how many people are involved in that closing, that could be the
next day, or a week and a half later. So you want to make sure that you're covering yourself.
JEIMY: Take a few days before the closing day - you know your day is a certain date.
The week before, sit down with your husband, your partner, whoever you're buying the home
with and take your time to read everything and have a checklist. Have a checklist and
say, "Okay, I'm missing this. Yes, no." And just go through every single paperwork, call
your agent, call your mortgage person, call your bank. Do I have this? Do I need this?
And you have your checklist and then you're gonna be okay.
EGEN: You always want to make sure you know your numbers upfront. That's important. If
there's an attorney involved in the transaction, the attorney will provide that for you. If
there's no direct attorney that you've hired in the transaction, you will get your numbers
from your bank or your lending institution will sometimes provide you those numbers.
You want to make sure that you know your numbers and you're fully prepared for your numbers.
MARIO: I didn't realize that you could actually get a lot of the paperwork beforehand and
look it over. Because when you're at a closing everything is so streamlined and you feel
a lot of pressure.
You feel like you have to do this on a time schedule; that you don't really get to sit
and read line by line what you're signing away.
STEVE: If you're not comfortable, you should probably hire an attorney to sit there with
you. It's several hundred dollars but when you're making a several hundred thousand dollar
investment that's really not much money at all.