Paperwork, Paperwork, Paperwork
Paperwork, paperwork, paperwork. When will it stop? Today Aldo wants to bring you this video because he wants to share some expectations with you of what it's like to go through the process of buying a house when it comes to documents and paperwork that needs to be signed.
A lot of times the lenders going to need paperwork from you upfront to get a preapproval process started. Now when something gets accepted, you will then need to hand over a lot more paperwork to the lender. Not only that, but the title companies will usually send you a pretty large packet via email or through your mail so you can look over, sign, whatever it is.
Banks are getting a lot more strict now so they are requiring even more information to make sure you can borrow money. Now there may be times where you're getting paperwork sent to you one week, a couple days even before you close that you need to sign and it can be annoying and it's frustrating, and it might feel tedious, but again, you're borrowing hundreds of thousands of dollars and you're not buying a small asset, It's a large asset.
It can get frustrating, but just remember, it's all part of the process, so just have faith in the process, everything will go smoothly. So they will require a lot of documents for you to sign and especially the title company to make sure it gets recorded correctly at the Courthouse.