Module 7: Closing & Insurance Hacks
Congratulations! your offer has been accepted - Lets finalize your numbers and prepare your takeover!.
Close Like Clockwork—Finalize your numbers and prepare your takeover!
Module 7: Pre-Closing Paperwork, Lessons 1-3.
Key Lessons: Pre-Closing Check-List; Shop rates (Progressive/State Farm); Self-manage vs. company (3-10% fees).
Bonuses: Pre-Closing Checklist, Insurance Guide, and How to Create your Contactor List
Hey, it’s Seth — you’re under contract.
Now we don’t screw it up in the last 30 days.
LESSON 1: PRE-CLOSING CHECKLIST (Do NOT skip this)
Your realtor and title company will handle 90% of the paperwork, but you are the only one protecting your money.
Here’s the exact 9-item checklist I run on every deal:
BONUS: YOUR 9-POINT PRE-CLOSING CHECKLIST
Final loan terms from lender — locked rate, confirm 5% down, no junk fees
Title commitment — any liens, easements, or surprises?
Final closing disclosure (3 days before closing) — line-by-line review
Closing costs — budget 2–3% of purchase price
(e.g. $200k duplex = $4,000–$6,000 for title, lender fees, prepaid taxes/insurance)Homeowners insurance — shop Progressive, State Farm, Lemonade → save $400–$900/yr
Final walk-through — 24–48 hrs before closing (nothing broken, repairs done)
Utilities switch — set to your name the day of closing
Re-run ‘Deal Analyzer’ with final numbers — I once caught a $150/mo overestimation → instant +5% ROI
Wire instructions or Check?— get them from title company IN PERSON or verified call (never email)
ACTION #1 — DO THIS WEEK
Use my Closing Checklist
Call your lender today → “Send me the final loan estimate and title commitment”
DISCLAIMER
Closing has risks. Verify every document with your realtor, lender, and title company.
One missed step = thousands lost.
Next lesson: How I save every year on insurance.
Let’s close clean.
On to Lesson 2!