Congratulations on buying your new home! We are grateful you have chosen Thomas & Brown to assist you with the closing process. Here are some reminders to help you prepare for your closing.
PRIOR TO CLOSING:
- Please complete the Buyer’s Information Sheet that will be sent to you securely by Thomas & Brown.
- Pursuant to O.C.G.A Section 44-14-13, Georgia law requires all funds for closing over $5,000.00 MUST be in the form of a bank wire, NO EXCEPTIONS (including any gift funds or funds from any other source that may be used by the borrower including closing proceeds from another law firm); funds under $5,000.00 may be a cashier’s check or wire.
- If a Power of Attorney is executing closing documents on your behalf, the original must be brought to closing, as it must be recorded. The executed Power of Attorney form must be approved prior to closing by the Attorney and the Lender.
- Any closing conditions required by the Lender, such as original tax returns, closing statement from sale of previous home, pay stubs or gift letters.
- Please notify us ahead of the closing day if your spouse is not on the loan but they need to be added to the deed and title.
BRING TO CLOSING:
- 2 Forms of Identification – One must be a government issued photo identification (Driver’s license, Passport, Military Identification, Resident Alien Card, and/or State-Issued identification card). The other form of identification can be a Social Security Card, Birth Certificate, and /or Homeowner’s Insurance Dec Page, If you have alternative identification please contact us for prior approval.