Yay, the day is almost here! You've jumped through the hoops, waited anxiously on the edge of your seat for appraisal, approvals, underwriting and more. You've even had your financial history autopsied all the way back to your first lost tooth. So, enough already . . .
When can you move in?!
The answer - when the deal is DONE. Not a minute sooner. In Laramie, that typically means after all the papers are signed, the money exchanged and the title transferred at closing.
Sounds obvious, right? It is, but . . . what can it hurt to just put a few things in the garage? Or how about sneaking over and watering that yellowish patch of grass? Or getting the premium cable installed so it's ready when you get there?
No, No and No.
To be fair, there are occasions where people do make other arrangements but generally, it is not a good idea. For example, you've put everything you own in the garage of your soon to be new home the day before closing. That night the house burns down destroying everything. Who pays for your things - their insurance, your insurance, is it even covered at all? The answers to this and other things that could happen are not simple. So the best rule of thumb is for buyers and sellers is to wait until it's official - then, it's all yours! (Hip, Hip, Hooray!)
*This information is intended only to provide further clarification of real estate issues in Laramie, Wyoming. I am not an attorney. This article is not endorsed, approved or affiliated with Century 21 Real Estate Center, Inc. Any consumer with questions about the real estate process should always consult an attorney of their own.