Does Your Closing Date Matter?

Kimberly Bean
Kimberly Bean
Published on September 20, 2017

When you’re buying a house, you have one date in mind: Closing day, the day you get your keys and finally own your new home.

Closing day is a big day, and that’s why it’s important that you choose the right date. Does it matter when you close? It does!

A great article from TheMortgageReports.com outlines why you may want to choose one closing date over another. For example, if you want to pay less at closing, choose a date late in the month. You’ll pay less in interest as part of your closing costs. But, if you want to have more cash flow in advance of your first mortgage payment, close early in the month.

See? Timing matters.

You’ll also want to consider how long your lender will need to prepare and process your loan application, a labor-intensive process that takes a lot of time. Build enough buffer time into your schedule so that unexpected issues or problems can be resolved before closing.

What else should you consider when setting your closing date? Check out the whole article here.

Mechanicsville MD Homes for Sale and Real Estate Services in Southern Maryland. You now have a search engine to help you with your Southern Maryland home search! And I’m ready to provide you with a custom home valuation if you’re considering selling your home. Let’s connect to discuss how I can help you. Contact Kimberly Bean at 301-440-1309

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