Closing At The End Of August? Plan Ahead For Labor Day Weekend.

By
Real Estate Agent with Long & Foster Realtors

 

 

Planning to make a late-August purchase closing? Keep an eye on your calendar. The last Friday of this month coincides with Labor Day Weekend, which may make for a complicated, end-of-month closing.

If you’re planning to close on, or around, August 31, 2012, plan ahead. Leaving anything to the proverbial last minute could delay your closing by hours in a best-case scenario, and by days in a worst-case.

This is because Labor Day is among the most popular vacation times of the year in the real estate, title and mortgage industries and, as Labor Day approaches, it’s increasingly hard to resolve “issues” related to settlement — not all parties are readily available for resolution.

A small closing issue, therefore, can spiral into a major one when you can’t reach your attorney; or, when the title company is short-staffed, for example. 

For home buyers currently under contract, and for homeowners with a refinance in-process, the best defense at a time like this is a good offense. Get proactive with the mortgage process.

These steps can help your end-of-month closing go more smoothly this month :

  1. Prepay your first year of homeowners insurance, effective your closing date. Provide proof of payment to your lender.
  2. Document and deposit all gifts and retirement withdrawals to be used in conjunction with your closing as early in the process as possible.
  3. If applicable, get Power of Attorney forms signed by all parties, and lender-approved in advance. Don’t leave this for the last week.
  4. When your lender makes requests for paperwork, fulfill the requests within 24 hours, when possible.

In addition, if you’re a home buyer, consider scheduling your home walk-through for as early as can be reasonable. That way, if there’s an issue to resolve, there’s ample time to address it among all parties.

Furthermore, if you have planned vacation time between today and your closing date, make it known to all parties, and make sure to be reachable in the event of emergency by phone and/or email.

Real estate brokerages, title companies and mortgage lenders are notoriously short-staffed as Labor Day approached. Routine tasks take longer than usual. Plan ahead for August 31, therefore. It would be foolish not to.

Posted by

http://www.dcrealtyonline.com

Title: buying & selling Home in Washington DC- Long and Foster | Buy Washington DC Properties on sale |Evaluate the worth of your home| Affordable cheap Homes

Description: Washington DC Real Estate – Washington DC Loans – Washington DC Properties Welcome to Washington DC Real Estate. Washington DC Real Estate is located in National Capitol Real Estate and has a great climate| Buy Washington DC Properties on sale: Evaluate the worth of your home: Affordable cheap Homes,Homes are going for Sale ;Houses for sale Alexandria va,Houses for sale Arlington va, Real estate capitol hill dc,Homes for sale Shaw Washington d.c,Homes for sale Bloomingdale dc,Residential properties Washington dc,Luxury homes Washington dc
 Real estate Montgomery county md,Houses for sale Bethesda md,Bethesda homes for Sale,Real estate agent Chevy chase dc,Dupont circle real estate listings,Houses for sale Logan circle dc,Homes for sale Logan circle d.c,Realtors Logan circle dc, Real Estate Logan Circle dc,Real estate Foxhall dc,Foxhall dc home for sale, homes for sale Shaw dc,Georgetown dc realtors,  Real estate agents Georgetown dc,Dupont circle realtors, Shaw dc real Estate agents,Dupont circle dc realtors,    Dupont Circle Real estate agents,  logan circle Real estate agents     mls listing dupont circle, mls listing shaw dc

Keywords: Buy DC Properties, Homes for sale Washington, Selling Homes Washington DC, Shaw Homes Washington DC, Cheap homes in Washington DC, Evaluate your home, Affordable Homes Washington DC,DC Real Estate Agents, DC Realty Online, How much my Home worth, DC Real Estate Agents, DC Realty Online, Home, Homes for sale, How much my Home worth, Logan Circle Homes, Long & Foster, MLS, Selling Homes, Shaw Homes, Washington DC Condos, Washington DC Homes, Washington DC Houses, Washington DC, Real Estate, Washington DC Realtors,Kalorama Homes, Homes are going for Sale ;Houses for sale Alexandria va,Houses for sale Arlington va, Real estate capitol hill dc,Homes for sale Shaw Washington d.c,Homes for sale Bloomingdale dc,Residential properties Washington dc,Luxury homes Washington dc
 Real estate Montgomery county md,Houses for sale Bethesda md,Bethesda homes for Sale,Real estate agent Chevy chase dc,Dupont circle real estate listings,Houses for sale Logan circle dc,
Homes for sale Washington, Shaw Homes Washington DC, Cheap homes in Washington DC, Affordable Homes Washington DC, DC Real Estate Agents, DC Realty Online,Buy DC Properties, Homes for sale Washington, Selling Homes Washington DC, Shaw Homes Washington DC, Cheap homes in Washington DC, Evaluate your home, Affordable Homes Washington DC,DC Real Estate Agents, DC Realty Online, How much my Home worth, DC Real Estate Agents, DC Realty Online, Home, Homes for sale, How much my Home worth, Logan Circle Homes, Long & Foster, MLS, Selling Homes, Shaw Homes, Washington DC Condos, Washington DC Homes, Washington DC Houses, Washington DC, Real Estate, Washington DC Realtors, Dupont Circle Homes for Sales, sell Homes in Dupont Circle, Kalorama Homes, Homes are going for Sale ;Houses for sale Alexandria va,Houses for sale Arlington va, Real estate capitol hill dc,Homes for sale Shaw Washington d.c,Homes for sale Bloomingdale dc,Residential properties Washington dc,Luxury homes Washington dc
 Real estate Montgomery county md,Houses for sale Bethesda md,Bethesda homes for Sale,Real estate agent Chevy chase dc,Dupont circle real estate listings,Houses for sale Logan circle dc,

http://dcrealtyonline.com/MarketAnalysis

 

Title: buying & selling Home in Washington DC- Long and Foster | Selling Homes Washington DC| Evaluate your home worth

Description: Washington DC Real Estate – Washington DC Loans – Washington DC Properties Welcome to Washington DC Real Estate. Washington DC Real Estate is located in National Capitol Real Estate and has a great climate| Selling Homes Washington DC| Evaluate your home worth,Homes are going for Sale ;Houses for sale Alexandria va,Houses for sale Arlington va, Real estate capitol hill dc,Homes for sale Shaw Washington d.c,Homes for sale Bloomingdale dc,Residential properties Washington dc,Luxury homes Washington dc
 Real estate Montgomery county md,Houses for sale Bethesda md,Bethesda homes for Sale,Real estate agent Chevy chase dc,Dupont circle real estate listings,Houses for sale Logan circle dc,Homes for sale Logan circle d.c,Realtors Logan circle dc, Real Estate Logan Circle dc,Real estate Foxhall dc,Foxhall dc home for sale, homes for sale Shaw dc,Georgetown dc realtors,  Real estate agents Georgetown dc,Dupont circle realtors, Shaw dc real Estate agents,Dupont circle dc realtors,    Dupont Circle Real estate agents,  logan circle Real estate agents     mls listing dupont circle, mls listing shaw dc

Keywords: Selling Homes Washington DC, Evaluate your home, How much my Home worth,Homes for sale Washington, Shaw Homes Washington DC, Cheap homes in Washington DC, Affordable Homes Washington DC, DC Real Estate Agents, DC Realty Online,Buy DC Properties, Homes for sale Washington, Selling Homes Washington DC, Shaw Homes Washington DC, Cheap homes in Washington DC, Evaluate your home, Affordable Homes Washington DC,DC Real Estate Agents, DC Realty Online, How much my Home worth, DC Real Estate Agents, DC Realty Online, Home, Homes for sale, How much my Home worth, Logan Circle Homes, Long & Foster, MLS, Selling Homes, Shaw Homes, Washington DC Condos, Washington DC Homes, Washington DC Houses, Washington DC, Real Estate, Washington DC Realtors, Dupont Circle Homes for Sales, sell Homes in Dupont Circle, Kalorama Homes, Homes are going for Sale ;Houses for sale Alexandria va,Houses for sale Arlington va, Real estate capitol hill dc,Homes for sale Shaw Washington d.c,Homes for sale Bloomingdale dc,Residential properties Washington dc,Luxury homes Washington dc
 Real estate Montgomery county md,Houses for sale Bethesda md,Bethesda homes for Sale,Real estate agent Chevy chase dc,Dupont circle real estate listings,Houses for sale Logan circle dc,

http://dcrealtyonline.com/OnlineSearchRequest2?operation=choose_mls

 

Title: buying & selling Home in Washington DC- Long and Foster | Cheap Shaw Homes for sale Washington

Description: Washington DC Real Estate – Washington DC Loans – Washington DC Properties Welcome to Washington DC Real Estate. Washington DC Real Estate is located in National Capitol Real Estate and has a great climate| Cheap Shaw Homes for sale Washington,Homes are going for Sale ;Houses for sale Alexandria va,Houses for sale Arlington va, Real estate capitol hill dc,Homes for sale Shaw Washington d.c,Homes for sale Bloomingdale dc,Residential properties Washington dc,Luxury homes Washington dc
 Real estate Montgomery county md,Houses for sale Bethesda md,Bethesda homes for Sale,Real estate agent Chevy chase dc,Dupont circle real estate listings,Houses for sale Logan circle dc,Homes for sale Logan circle d.c,Realtors Logan circle dc, Real Estate Logan Circle dc,Real estate Foxhall dc,Foxhall dc home for sale, homes for sale Shaw dc,Georgetown dc realtors,  Real estate agents Georgetown dc,Dupont circle realtors, Shaw dc real Estate agents,Dupont circle dc realtors,    Dupont Circle Real estate agents,  logan circle Real estate agents     mls listing dupont circle, mls listing shaw dc

Keywords: Homes for sale Washington, Shaw Homes Washington DC, Cheap homes in Washington DC, Affordable Homes Washington DC, DC Real Estate Agents, DC Realty Online,Buy DC Properties, Homes for sale Washington, Selling Homes Washington DC, Shaw Homes Washington DC, Cheap homes in Washington DC, Evaluate your home, Affordable Homes Washington DC,DC Real Estate Agents, DC Realty Online, How much my Home worth, DC Real Estate Agents, DC Realty Online, Home, Homes for sale, How much my Home worth, Logan Circle Homes, Long & Foster, MLS, Selling Homes, Shaw Homes, Washington DC Condos, Washington DC Homes, Washington DC Houses, Washington DC, Real Estate, Washington DC Realtors, Dupont Circle Homes for Sales, sell Homes in Dupont Circle, Kalorama Homes, Homes are going for Sale ;Houses for sale Alexandria va,Houses for sale Arlington va, Real estate capitol hill dc,Homes for sale Shaw Washington d.c,Homes for sale Bloomingdale dc,Residential properties Washington dc,Luxury homes Washington dc
 Real estate Montgomery county md,Houses for sale Bethesda md,Bethesda homes for Sale,Real estate agent Chevy chase dc,Dupont circle real estate listings,Houses for sale Logan circle dc,

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate General Information
Groups:
Long & Foster Agent Lounge
Real Estate SEO
Google Analytics
Virginia neighborhoods
Washington DC Real Estate- Selling & Buying Homes
Tags:
washington dc real estate washington dc loans washington dc properties welcome to washington dc real estate washington dc real estate i

Anonymous
Post a Comment
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the tshirt to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the chair to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Show All Comments
Rainmaker
882,226
Lottie Kendall
Today | Sotheby's International Realty - San Carlos, CA
Serving San Mateo County and San Francisco

You've given us a great reminder, Payam. Thanks much.

Aug 10, 2012 05:45 PM #1
Anonymous
Post a Comment
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the foot to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Show All Comments
Rainer
61,140

Payam Bakhaje

Licensed in DC, MD and VA
Ask me a question
*
*
*
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the world to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Additional Information