Home Loan Blog

What Happens on Settlement Day

Buying your first home is a thrilling experience! But settlement day, the final hurdle before getting the keys, can feel overwhelming. In today’s Flash Finance Update, we break down the process, turning that nervous anticipation into informed confidence.

Settlement Day Demystified:

Settlement day is where all the paperwork you’ve been signing comes together. It’s the official transfer of ownership from seller to you, the proud new homeowner! Watch the video below to learn more about what happens on settlement day.

We also have some exciting events coming up, including a webinar for First Home Buyers next week! Do check them out below for more details

Download the Transcript Read the Disclaimer

Checklist for Success:

Settlement day might have a lot going on, but these steps can keep you prepared:

  • Review Settlement Statements: Double-check figures and ensure they match your purchase agreement.
  • Bring Identification: Have valid ID ready for verification.
  • Settlement Funds: If paying closing costs with a personal check, ensure it’s readily available.
  • Moving Logistics: Schedule movers for after receiving the keys.
What aspect of settlement day are you feeling most unsure about?
Let us know and we’ll be happy to provide more information!

As always, if we can be of any assistance and you would like a one-on-one consultation for any loan type, please reach out and book a time with us here.

Talk soon,