If you have ever bought a home you know the huge piles of paperwork you have to sign. Being 1st time home buyers we had no clue. Thankfully in this era of technology some required forms we able to be electronically signed via "Docu-Sign"....thank you Bridget, you may have saved our wrists.
But one day, officially in escrow, we received 2 VERY large packets in the mail, one from our lender and one from the escrow company. My jaw dropped when I saw all the reading and signing we had to do. There was more red "sign here" labels than I have ever seen before. And not fun reading let me tell you, half of it we didn't understand anyway. There has to be some way they can include a "dumbed down" version for us non-legal jargon-understanding people. We had a 2 page list of questions by the time we finally got through it all. Thank goodness our lender Kim was patient with us.
After the 1st round it just kept coming. It seemed every day for a while we got something we had to read and sign. And the information they needed from both my husband and I.....huh....you need to know the elementary school teachers name from 3rd grade? Ok I exaggerate, but really be ready to have your life story from the last 10 years on paper. I spent hours digging in the file cabinet. I learned maybe I'm not the most organized person. The most ridiculous thing we had to do had to be the letter of explanation. A typed out, signed letter explaining why a 411 search didn't bring up our phone listing......we have CELL PHONES. Why our current address didn't match the one on our drivers license......we MOVED. Has John ever owned property?.....where did this one come from? Why did they need this information? I just stopped asking.
At this point I was ready for it to be over......I just wanted my house. But good things cant always come easy and it thankfully does eventually end that is after another round of signing 50 forms at closing.
As much as I make it sound like a pain, everything with our escrow went very smoothly and fast and we now have our house and maybe slightly sore wrists.
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