Thursday, January 14, 2010

Steering Clear of Surprises


Having a smooth purchasing experience for anyone involved is utmost important to an already stressful process. Knowing the events which can influence a housing purchase can eliminate unnecessary headaches, drama, and unexpected surprises. So, plan ahead by taking assessment of important family events, holidays, time differences, business hours, transport, and closures.

Check county court house closure dates as they may differ from county to county. Why is it necessary to know court house closure dates you may ask? When a transaction or a sale “closes” it is recorded at the county court house. If it is not recorded, the sale cannot close, property ownership cannot be transferred, and the new to be owner cannot move in.

Check banking hours and closure dates. During the lending process some funds may require documentation (i.e. uncommon deposits or withdraws over $1,000) and some others lack documentation may need to be "seasoned" (a given length of time where funds of $1,000 or more stay put until they no longer appear as a deposit or a withdrawal).

Check any and all business office hours and closures affiliated with your purchases.

Holidays & Closures
Martin Luther King Jr., Birthday......Monday Jan 18, 2010
President's Day....................................Monday Feb 15, 2010
Memorial Day.....................................Monday May 31, 2010
Independence Day...............................Monday Jul 05, 2010
Labor Day...............................................Monday Sep 6, 2010
Columbus Day.......................................Monday Oct 11, 2010
Veteran's Day....................................Thursday Nov 11, 2010
Thanksgiving...............................Thu-Fri Nov 25 & 26, 2010
Christmas.......................................Fri-Sat Dec 24 & 25, 2010
New Year's Eve........................................Friday Dec 31, 2010
New Year's Day........................................Saturday Jan 1, 2011

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