Blog Buyer Getting Ready to Close on Your New Home?

Getting Ready to Close on Your New Home?

By Tracy Dau, January 24, 2020

Closing on a home sale is the culmination of more than a month of gathering and preparing documents. For closing to go off without a glitch, your closing officer, your loan officer and your real estate agent have to work together to get everything in order and processed correctly.

If your closing gets pushed back a day, that means they do it on Tuesday instead of Monday. Sounds simple, but it can cause a giant in their world of a buyer. That buyer might have a moving truck scheduled and deadline to vacate their current home. Your loan commitment has an expiration date and so does your escrow.  Meaning it’s most critical for the buyer, just as it is for the agent and loan officer to stay on top of things.  As a buyer, you are free to call your lender for updates and check in with the title company to make sure things are rolling along.  They should be already doing that with you, but if not, know that its OK to check in.  Lots at stake when purchasing a new home.

Last minute delays can happen because of an error in documents, mortgage delays or last minute requests from the lender (copies of a rental agreement, a canceled deposit check -that can leave you scrambling and lead to closing delays).  When a lender asks for information try to have no delays in getting them what they need. As a buyer you will need time to wire money for funding it get a cashier’s check, look into wire transfers at your bank and what form needs to be filled out.

Finally, don’t wait until closing to bring up any issues. Get them resolved beforehand. If your agent has asked with you would like a physical walk-through of the home before closing and you deny the offer, don’t ask for the walk-through while you are at the table signing your loan papers. If you now have that need, you’ll have to postpone the closing while we work it out. In some cases, you may prefer to just accept responsibility for the problems rather than delay closing.  Alas, it will all work out as it should in the end, breathe deep.

As a buyer its best to check in with yourself a week before closing make sure you are happy and understand what the next steps are.  If not, then check in with all parties so we can have a stress-free successful closing and give full support where support is needed.

Tracy Dau

Broker | Earth Advantage


When you meet Tracy Dau, it doesn’t take long to realize where her true passions lie.  She loves houses and loves matching her clients with the place that’s perfect for them.  Ask her clients and they’ll tell you she’s a whirlwind of energy, a juggler of projects, a creative force, a good listener and a tireless advocate.  She comes to the job with a vision for what’s possible and the background to make that happen. Maybe it’s because she grew up in the breathtaking town of Juneau Alaska, where it rains 250 days a year.  It’s the kind of place where you either give into gloomy weather or dig deep and find the will to preserve. Maybe it’s because her folks instilled in her the drive to succeed. For the past sixteen years she has gutted and restored many houses, using any opportunity to work with her hands. Blending her formal training as a fine artist and designer with her experience as a builder, these old-house remodels have become her creative canvas. Her time as a product developer and architectural consultant at Rejuvenation House Parts introduced her to a community of like-minded folks who encouraged her to become a REALTOR®. She is drawn to vintage homes. The artist in her is drawn to their detail, the builder in her to their craftsmanship. Their charm and imperfections make them all the more fascinating and soulful. That’s what drew her to her first home. Stripped of all her painted-lady features, she sat sadly on a corner lot in SE Portland waiting to be loved and cared for. She had a yard full of shopping carts, a tree that had grown through her facade, motor-oil soaked mattresses and a basement full of the neighbor’s missing car parts, and yet, in spite of this her husband Nate and Tracy bought and fixed her up. This renovation lead to the next house-love-affair, followed by another and another. It only made sense to apply this knowledge and the valuable lessons learned along the way to help others looking to buy or improve their own homes. Which brings me to why she became a REALTOR®. Tracy chose this job because she is passionate about houses and loves the chance to develop relationships with her clients. When you choose to work with Tracy, she will advocate for your best interests, guide you through the home buying process and protect you from the stressful moments as they inevitably arise. She will advise you every step of the way to enable you to make good decisions, stay centered and reach your goals. Even after your  transaction has come to an end, Tracy is still available to answer your questions and help with your home projects. When she is not working, she enjoys spending time with her family and being outdoors. Her hobbies include teaching her children, Lander and Olivia, about nature, hunting for sea creatures, spotting birds, drinking bourbon in the winter and gin in the summer, eating chocolate and traveling to warm destinations.
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