Tips to help a smooth settlement
If you are getting a bank loan make sure you see your banker at least two weeks before settlement to allow time for the documents to be sent to your lawyer for signing by you. The late return of signed documents to the bank will result in late payment of mortgage monies.
Move out of your home the day before the sale so that the keys are available as early as possible on the day of settlement. Vacant possession is generally required for settlement and the keys have to be handed over to the lawyer or the land agent.
Sometimes arrangements can be made to store some of your belongings at the new house before settlement ' perhaps in the garage. You cannot physically move in until the money has been handed over.