Buyers Closing Checklist

COMMITMENT LETTER
Please keep your real estate agent advised of any special conditions required by the lender in your commitment letter. If there are special conditions, check with your lender to find out when they need to be satisfied to insure that the closing takes place on schedule.

It is impreative that you arrange for Homeowner's Insurance on the peropty you are purchasing. Most banks now require that you have your policy paid for 1 year in advance, although a few banks still require only a binder. Consult with your bank as to their requirments. You must insure the home for at least the amount of your mortgage. Evidence of this insurance is required at the closing. You will not pass papaers unlesss you have it with you!

CERTIFIED FUNDS FOR CLOSING
You should have a certified check or cashier’s check made out for the amount of your down payment and closing costs. Consult with the attorney representing your bank a few days prior to closing to determine exactly the amount for money you should have the check written for. The check should be made payable to you. Each buyer should also bring his or her driver’s license to the closing for identification.

CONDOMINIUM BUYERS
A Certificate of Insurance regarding the master policy on the condominium complex is required at the closing. It must state the new buyer’s name and the name of the mortgagee. The real estate agent that listed the property being sold should have the name of the insurance agency that wrote the master policy for the complex. This agency should be contacted two to four weeks before the closing to allow time for the preparation of a Certificate of Insurance.

TRANSFER UTILITIES
Approximately one week prior to closing, contact your electric, telephone, and gas company to arrange transfer of service to be effective the day of the closing. Oil and propane are personal property and you will pay the Seller's for any remaining in the tank when you pass papers...a personal check is usually sufficient.

NSTAR: 800-592-2000
Serving: Dover, Holliston, Hopkinton, Medfield, Millis, Medway, Norfolk, North Bellingham, Walpole, Westwood

NATIONAL GRID ELECTRIC: 800-322-3223
Serving: Attleboro, Blackstone, Franklin, Foxboro, Hopedale, Mendon, Milford, Plainville, South Bellingham, Wrentham

BAY STATE GAS: 800-677-5052
Serving: Bellingham, Dover, Franklin, Medfield, Medway, Millis, Norfolk, Walpole, Wrentham

NSTAR GAS: 800-592-2000
Serving: Attleboro, Foxboro, Hopedale, Hopkinton, Milford, Holliston, Sherborn, Taunton, Upton, Westwood

BLACKSTONE GAS: 508-883-9516
Serving: Blackstone, South Bellingham, and some parts of Wrentham

CHANGE OF ADDRESS NOTICES - Savings and checking accounts, credit cards, place of employment, life insurance companies, magazines, newspapers, creditors, post office, driver's licenses, and automobile registrations.

 

	
		
			 
		
		
			
			BAY STATE REALTY 
			707 Main St., Millis, MA  02054
			(508) 376-8200 / 1-800-696-8200
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			Whether it’s your first home - or your next home – finding the right REALTOR® is the key to a smooth transaction. If you are looking to effectively market and sell your home for "Top Dollar", buy a New Construction home - we work with builders who want you to have representation - buy and existing home, Invest in real estate, purchase a second home, buy Commercial property, Land, or relocate to/from Massachusetts...Then, we would like earn the opportunity help you sell or buy your home.  Put our experience to work for you.  Search MLS for Massachusetts homes in the following towns:  Bellingham, Blackstone, Dover, Franklin, Grafton, Holliston, Hopedale, Hopkinton, Medfield, Medway, Mendon, Milford, Millis, Uxbridge, and more!

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BAY STATE REALTY

707 Main St., Millis, MA 02054

(508) 376-8200 / 1-800-696-8200

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