It’s time to hand over a house. Don’t forget the following things when you’re happy.

It’s time to hand over a house. Don’t forget the following things when you’re happy. After your house purchase contract is established, what should you pay attention to while waiting for the house to be handed over? The following points are required...

It’s time to hand over the house. When you are happy, don’t forget the following things. After your house purchase contract is established, what should you pay attention to while waiting for the house to be handed over? There are the following points that need to be noted. The most important thing is to maintain your loan qualifications. Usually, before handing over a house, the bank will check your credit report again to see if you still meet the loan conditions and whether your credit score has dropped to the point where you do not meet the loan standards. Avoid doing things that lower your credit score, such as taking out a car loan, increasing your credit card balance too much, applying for other loans, etc. Such actions will lower your credit score and cause the bank to change loan conditions or even not provide a loan. Next, don’t forget to notify the relevant units that you are moving and will have a new address, such as: magazine and newspaper companies, telephone companies, water and electricity companies, banks, credit card companies, etc., and ask them to change your file data to the new address. Also remember to apply for mail forwarding service from the post office, go to the post office or the post office website (www.usps.com) By filling out the application form, you can specify the date and month from which someone's mail should be forwarded to a certain address. This service is free, and the post office will forward the mail for one year. You also need to prepare the down payment for purchasing a house. Usually on the day you sign the contract and hand over the house, you must deposit the down payment and other house closing costs into an escrow account (Escrow) in the form of a cashier's check or bank wire transfer, so remember to go to the bank before signing the contract and handing over the house. Finally, before handing over the house, you should do a final inspection of the house you purchased. Look through it from beginning to end, top to bottom, to see if all the equipment is functioning properly, such as power sockets, water and electricity switches, household appliances, etc. Write down the things that have been completed or must be repaired, agree on the date of completion or repair, and ask the builder's representative to sign. If you are buying a second-hand house, make sure that all the things that have been agreed to be repaired and cleaned have been completed, and all the items that were promised to be kept and included in the purchase contract are still there. The above briefly explains what you should pay attention to before handing over a house. If you have any questions about real estate, you are very welcome to call my hotline (480) 612-4545 or email to Rich@RichLiao.com