You just closed on your home what should you keep?

Here is what to Keep From Your Closing on your new home!

Everything!!!

The title company will give you a copy package of everything you signed.  Keep this in a safe place.  It will have your mortgage papers, your real estate papers, home warranty  in it.  They call this your closing package.

Your mortgage person should give you a copy of the appraisal and the survey.  If you don’t get a copy of your appraisal give your mortgage guy a call and have him send it to you.  After all you have paid anywhere from $300 – $450.   Keep these items with the closing package.

Your copy of your inspection report and your offer documents should be kept also in the same place.

You will need to refer to these documents when you refinance, sell the home, have to check on your mortgage.  By keeping them safe and available will make it easier on you.  Over the years you will forget some of the numbers and it is great to be able to look back and get the information you need.

But the most important thing you if you are a first time home buyer is the HUD Settlement statement.  You need this for your CPA so you can get your $8000 tax credit from Uncle Sam.  Congratulations on buying your Metro Detroit home, or Michigan Home.  May you and your family have lots of great memories in your new home.
Russ Ravary

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