Page 74 - the latest homebuying guide

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● Change your address with companies you do business with
● Change every lock to doors that lead to the outside. If your
locks use keypads, change the codes.

● File for homestead exception where applicable to save money
on property taxes

● Start your home maintenance plan, especially if you live in an
area where the seasons are visibly different.
● Check to make sure your insurance is still valid and how your
new address will affect the rates. You don’t want to need your
insurance and find out you don’t have coverage.
● Meet your neighbors. They may have some important tips for
you. You never know when their help will be necessary.
● Locate the main shutoff for your water, just in case you need it
in an emergency

Things that may happen after you close
● Your loan servicing may be sold. This is just part of what
happens in the real estate industry. Don’t panic. This will not
affect your terms, and you will be sent notices by both the old
and new holder of your mortgage.

● Look out for scammers wanting to take advantage of you.
Make sure you get letters from both the buyer and seller of
your loan. Verify before sending payments to new addresses.
● If you negotiated a loan with future adjusted payments, be
ready for it.
● Expect to receive lots of offers from companies. This happens
because your home purchase is a matter of public record.

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