You need to do these three essential tasks after closing on your new home.
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If you just closed on your new property, congratulations! Now that the excitement of moving in has settled, it's time to focus on a few key things to ensure that you're properly prepared for what's to come. Here are three important tasks you should complete right away:
1. Set up automatic payments with your bank. You likely received paperwork at closing regarding your mortgage payments, but you may not be sure where, when, and how to make them. It's best to reach out to your lender and get your payments set up on autopay. Then, consider applying extra payments toward your principal or making an extra payment throughout the year to reduce your overall interest.
"This is how you set yourself up for success."
2. Gather all of your documents. While you did receive paperwork at closing, it's important to gather all of your documents in one place, including your survey, closing statement, deed, and any other relevant documents. Keep them in a safe and easily accessible location.
3. File your homestead exemption. If you're in Florida, make sure to file your homestead exemption as soon as possible. Don't wait until the next year—get your driver's license switched over and file your homestead exemption right away.
By taking care of these three tasks immediately after closing, you'll be setting yourself up for success in the future. Congratulations again on your new property! If you have any questions or need further guidance, feel free to reach out to me by phone call or email. I look forward to hearing from you.
