Prior to/after Closing
You did it— you’re a home owner now! Here’s a few things you’ll most likely want to do right away if you haven’t already.
Be sure to call the service providers for your gas, electric, water and trash and arrange to transfer the services into your name. You’ll want to do this sooner rather than later to avoid any interrupt in service.
Change Your Address!
You’ll want to be sure to update your address for your personal accounts as well as with the U.S. Postal Service and the DMV.
Get Mailbox/HOA keys (if applicable)
If you purchased a home in an HOA with common areas or community mailboxes, there is a chance that you may not have received a copy from the seller with your other keys.
Contact your HOA and follow their instructions for obtaining the applicable keys.
Making your First Payment
Your first payment will typically be due on the 1st day of the 2nd month following when you closed. For example, if you closed on March 10th, your first payment would most likely be due on May 1st.
Be sure to verify with your lender or check your copy of loan documents— it will contain information on when your first payment is due.
Supplemental Property Taxes
In California, after purchasing a property, it is likely that you will be receiving a Supplemental Property Tax bill in the mail months following the sale.
Watch this comprehensive video to understand what the heck these taxes are…