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  Buyer's Checklist
 
SELECT YOUR TITLE COMPANY
goldsidamond.GIF (288 bytes) Make sure CAPITOL TITLE is written in the contract as your settlement services provider.
goldsidamond.GIF (288 bytes) Provide Title Company with Settlement Information
Copy of the Real Estate Contract
Name/phone number of Mortgage Company
Name/phone number of Loan Officer
Your current address (for pre-settlement correspondence with the title company)
 
PREPARE FOR SETTLEMENT
goldsidamond.GIF (288 bytes) Obtain necessary insurance coverage
For properties other than condominiums, you must have an original homeowner’s insurance policy at settlement with a paid receipt for the first year’s premium.  The dwelling coverage must be at least the loan amount.  Contact the lender for specific requirements.
goldsidamond.GIF (288 bytes) Verify All Lender’s Requirements Have Been Met
Check with your loan officer or lender representative and verify that the lender has all requirements on hand.
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Determine Amount of Funds Necessary to Complete Closing
You must obtain a certified, cashier’s or treasurer’s check for the balance due at closing.  The check may be made payable to yourself (for endorsement) or to the title company.

CAPITOL TITLE will make every effort to provide you with a final HUD-1 Settlement Statement as soon as the settlement coordinator is in receipt of your lender’s final instructions.
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Bring your photo I.D.
It is required by the lender, the title insurance company and the notary public that you furnish a government issued photo I.D (e.g., driver’s license or passport.)  If you do not bring this to closing, a delay in the disbursement of funds and exchange of keys may result.
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Termite Certification
If a wood infestation report is required by the contract, or the lender, confirm with the responsible party that it has been ordered and is “clear.”
 
AFTER SETTLEMENT
goldsidamond.GIF (288 bytes) Contact utility companies
You will need to make sure that all utility companies are aware that you will be the new property owner as of the date of settlement.  The phone numbers for the utility companies in your area are listed on Page 34 of this booklet.