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Closing Time: Taking the Final Steps
So you've taken the plunge and picked out the home of your dreams. After what might seem like a whirlwind of getting pre-qualified for a home loan, putting in an offer and (hopefully) getting the price you want, you're finally ready to set up for closing.
Your real estate agent may set up a closing timeline based on input from you, the seller and your mortgage lender. During this time, it's easy to feel like you're just sitting around twiddling your thumbs, but there's still a number of things that need to happen to ensure you close successfully and on time. All in all, expect this process to last anywhere from 1 to 2 months in most cases. 
 
What Happens in the Days Leading Up to Closing?
At this point, what can you do to make sure that your closing proceeds without any hiccups? Assuming you're being financed by a mortgage lender, they'll want to verify two things at this step:
Your financial information Value and title of your new home  
Step 1: Verifying the Borrower
It's a good idea at this point to gather your tax returns, pay stubs, bank statements as well as any other items the lender may request. Your loan officer can assist you through this step of the process. You'll also need to sign a preliminary ... more

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