• Secure financing: Obtain a mortgage pre-approval, finalize your loan, and lock in your interest rate. Stay in close communication with your lender to avoid delays.
• Schedule a home inspection: Hire a professional to inspect the property for any issues that need to be addressed before closing.
• Review the property's title: Work with a title company to ensure there are no liens, easements, or other title issues.
• Negotiate contingencies: With the help of your real estate agent, negotiate contingencies in the purchase contract, such as financing, appraisal, and inspection.
  
  Tip: Choose a reputable real estate agent who can guide you through these tasks and coordinate with the seller.

• Review the Closing Disclosure: This document outlines the final loan terms and closing costs. Compare it to the Loan Estimate provided by your lender and address any discrepancies.
• Conduct a final walk-through: Schedule a walk-through 24 hours before closing to ensure the property is in the agreed-upon condition and that any agreed-upon repairs have been completed.
• Prepare funds: Determine the exact amount needed for closing costs and obtain a cashier's check or set up a wire transfer.
  
  Mistake to Avoid: Don't make significant financial changes, such as opening new credit lines or making large purchases, which could affect your loan approval.

• The property: This includes the deed and any property-related disclosures.
• The mortgage: You'll sign the promissory note, deed of trust, and other mortgage-related documents.
• The escrow: Review and sign the escrow settlement statement. In addition, you'll need to provide proof of homeowners insurance and pay closing costs, which typically range from 2-5% of the home's purchase price.
  
  Mistake to Avoid: Bring a valid photo ID and a cashier's check for your closing costs to avoid any last-minute complications.

• Record the deed: The closing agent will record the deed with the local government to finalize the transfer of ownership.
• Change the locks: For security, replace or rekey the locks on your new home.
• Set up utilities: Contact utility companies to set up electricity, gas, water, and other services.
• File a change of address: Update your address with the post office, financial institutions, and other relevant parties.
  
  Stat: According to the National Association of Realtors, 32% of recent homebuyers were first-time buyers.

• Personalize your space: Decorate your new home to reflect your style and preferences. Consider painting, adding window treatments, and arranging furniture to make the space truly yours.
• Get to know your neighbors: Introduce yourself to your neighbors and start building connections within your community.
• Create a maintenance plan: Regularly maintain your home to keep it in good condition and prevent costly repairs down the line. Establish a routine for tasks like cleaning gutters, servicing your HVAC system, and checking smoke alarms.
• Host a housewarming party: Celebrate your achievement with friends and family, and show off your new home.
  
  Tip: Reach out to your real estate agent for recommendations on local contractors, service providers, or even the best nearby restaurants.

Conclusion
As a first-time home buyer, thoroughly understanding the closing process can help alleviate stress and make the journey to homeownership more enjoyable. By preparing for pre-closing tasks, anticipating closing day responsibilities, handling post-closing duties, and embracing the joys of your new home, you'll confidently navigate this exciting chapter in your life. If you're looking to buy a home in the Conejo Valley or Malibu, don't hesitate to reach out to me below for expert guidance and support throughout the process.