The Closing Appointment

Closing Location

Closing appointments take place at the Classic Homes corporate office located at 2138 Flying Horse Club Drive, Colorado Springs, CO 80921. We will confirm the location with you in your 35 to 60 day notification.

Closing Disclosure: The "Final Number"

Certain customary items in connection with the property will be prorated to the date of closing — such as prepaid expenses or reserves required by your lender and homeowners association, if applicable. Prorations of general real property taxes and applicable assessments will be based on the current year's taxes and assessments or, if they are unavailable, on the taxes and assessments for the prior year.

The final cost figure becomes available close to the actual closing date. Although a reasonably close estimate may be determined beforehand, the proration of several items included is affected by the closing date and cannot be calculated until that date is known. The Real Estate Settlement Procedures Act (RESPA) provides you with many protections. Under this law, you can review the settlement page that lists the costs you will be paying at closing at least three business days before the closing appointment.

Plan to bring a wire or certified funds to closing. Any closing that is not funded with a mortgage must use wired funds; certified checks will delay the closing. In your planning, be sure to allow time to arrange for and obtain these funds.