Once your closing is done, all the papers have been signed and you’ve been given the keys to your new home, you will also be leaving the title company with your closing packet. What’s in your closing package? In that packet you will find a copy of every document you have signed during your closing. The note, deed of trust, disclosures, the closing disclosure or HUD, a copy of the tax certificate, and the survey to name a few.
There is quite a bit of paperwork that is in this packet and some of them will have your personal information on it such as your social security number and date of birth. If you are married, it will have your spouse’s personal information on it as well. The loan documents make up most of this paperwork and is mainly for the benefit of the lender, not so much for the buyer. Can you shred this paperwork? Well yes and no. There are some papers you will want to keep in a safe place.
Some of the documents we recommend you keep are:
- Copy of the note and deed of trust
- Copy of your closing disclosure or HUD
- Copy of the survey
- Copy of your home warranty
Once your policy has been issued and you receive it in the mail, you can keep it and your warranty deed with these other documents. That way if you need any of them in the future, they are all together. If for some reason you lose or misplace your warranty deed or deed of trust you can always go to the courthouse and request a copy. If you need a replacement for your closing disclosure or HUD, due to loss of this document, you can always reach out to the title company for a copy. As always if you have any questions about what to keep and what to shred, please let us know. We are always here to answer any questions you may have.