This Affidavit of Occupancy and Financial Status form is for buyer(s) to certify at the time of closing that he/she/they will occupy the property as his/her/their primary residence and that there has been no change in his/her/their financial status since the time the loan application was made.
Delaware Affidavit of Occupancy and Financial Status
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How to fill out Delaware Affidavit Of Occupancy And Financial Status?
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FAQ
At your mortgage closing, you meet with various legal representatives to sign your mortgage and other documents, make any required payments and receive the keys to your new property.You give a certified or cashier's check to cover the down payment (if applicable), closing costs, prepaid interest, taxes and insurance.
Both buyers (if a married couple), or notarized power of attorney documentation permitting the present buyer to sign for the non-present one. Photo ID (passport or state-issued ID) List of your residences over the past 10 years. Sufficient payment to cover closing costs (usually a bank check or wire transfer)
If that date passes and the sale has not closed, either party can back out of the deal. For example, a buyer's penalty for missing the closing date might include paying a portion of the seller's mortgage to compensate the seller for keeping her property longer than planned.
Seller's real estate agentYour agent is tasked with facilitating the closing process and making sure that both parties have taken care of unfinished businesssometimes including pre-signing documentationbefore coming to the table at closing.
