Closing on a new home in North Carolina is exciting all on its own. This state uses Closing Attorneys who expeditiously and meticulously finalize your closing. It’s who you meet throughout the process before you get to your closing that can impact how you build your Life in NC.
Your Realtor
Your realtor is your expert on the ground. This relationship will be everything to you when you count on them to be your eyes and ears. Choose this relationship wisely. Having trust is key. Buying a property in a new state has its own challenges. A realtor must be available, relatable, responsive, experienced and aware of the market conditions. They are your greatest asset in presenting the best possible offer in a multiple-offer situation.
North Carolina Realtors work hard. They are up to date on modern technology and dedicate themselves to hours of continuing education and improved skills so they bring their best to the table for you.
The more you know, like and trust your Realtor, they are really the center spoke to building your life and meeting people in your new location.
Case in point
When your ‘perfect home’ needs some painting, updating and popcorn ceiling removed – all prior to your move in date – who is your best resource in finding a local, quality tradesperson to do the work? Your realtor! When you choose this relationship be sure you jive together. Our team of realtors are relationship people. I’ve seen the personalized attention they give to each of their clients. If you’re looking for your people…. Take a look at our realtors section. You will love them.
Your Lender
Now that your offer is accepted…the paperwork begins. Your lender tracks, manages and aligns you with the very best offer, rates and placement so that you get into your home. Their goal is to get you to the closing table. In order to do that there is a ton of work that goes on behind the scenes.
Helpful Hint
If your lender is asking for a particular document or number, proof or paper – there is a reason. They are moving at a million miles a minute and to keep the pace of your loan process, they are collecting everything needed on your behalf. Remember, they are your partner – they are working with you to get you to closing. Their expertise matters. Having a lender who has a team of processors on your side ensures your file gets every little detail collected and submitted – in time and on time.
Finding a Lending partner who can engage you in a personal and masterful way helps keep the unexpected at bay. If you’re in a position and looking to get Pre-Approved visit our Lenders Section.
Your Homeowners Insurance Agent
In order to close on your home, Homeowners Insurance is a requirement. Depending on the location of your home, you may be required to have Flood Insurance to close. Coastal locations, especially. Choosing an Insurance Agent who works with you to understand your property and the risks associated with the location helps you make confident decisions about minimizing your risk.
Since insurance is run from a state level, you’ll need to have a North Carolina Homeowners Policy from a Licensed Insurance Agent in North Carolina. Furthermore, keep in mind that moving to a new state requires you to switch Auto Insurance as well. It is always best to combine both as you become a property owner in a new state so that you take advantage of all savings available.
An Insurance Agent can be a tremendous resource to you. Local Insurance Agents are very connected and involved in their communities and areas. Before you call an 800 number, check out our Insurance Provider who understands the challenges of moving. She and her family did it and is a great ally and resource.
Helpful Hints to Remember in North Carolina
In order to close on your home, homeowners insurance is needed. It can be done within the 4-6 weeks prior to your closing. If your policy will be paid through your Escrow Account, at closing, you do not owe the agent for the policy ahead of time. It is paid on your behalf, at closing.
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Your Auto Insurance and Registration in North Carolina
Steps to Getting Things Done
1. Change Auto Insurance to NC Auto Insurance
2. Obtain your North Carolina Driver’s License or NC Identification Card
3. Only after those are done, you can then Register your Vehicle in NC. (Separate appointment)
To Register Your Vehicle, Bring These Documents
1. Original out of state title
If vehicle is financed, original out of state registration card (or original title, if applicable)
If vehicle is leased, original out of state title or copies of front / back of the out of state title AND Original Power of Attorney document from the leasing company appointing the lessee(s)
**This must be requested from the leasing company prior to your appointment. If your leasing company requires the DMV to submit a request to obtain the title and power of attorney, then you must obtain a fax number from the leasing company and visit the DMV License Plate Agency with the lessee and vehicle information for the request to be submitted
2. NC Driver’s License
3. NC Insurance Card for the vehicle you’re registering (All registrants listed on title must be present)
This process can be confusing. Prior to going to the DMV – check the resources available online to confirm every detail of what they need. www.myNCdmv.gov
