Closing... All Done

Well, I'm officially a home owner. I closed today as expected. I signed a boatload of paperwork. I was going to get an official count of how many signatures and initials I used up. I know it was way over my yearly signature quota.

Usually both your realtor and banker are present at closing. This is where my closing was different than most. Neither of my peeps were there, since they were out of town. I was flying solo, although I had a backup realtor there to help in case there were any questions, which was good. I should have actually gone over the documents (at least the loan) prior to close with my banker in person. But, we did go over them via the phone which helped a lot, so I had a good idea already what was all involved.

Couple things that new home buyers (and maybe existing) can take away from my experience are:
Make sure that your mortgage allows pre-payment without penalty. (most do, but double check)
See if you can have your mortgage be "Assumable" -- which means that if you decided to sell your house later, the buyers can assume your mortgage (if they qualify) which can be a good selling point if your loan is a low interest rate and rates at the time are higher. From what the Title company and my backup realtor said that isn't very common now, but oddly enough mine ended up being "Assumable" which I guess could be handy if I sell the house and rates jump.

These probably seem like no brainers, but they can easily be missed in the whole scheme of things.

Anyone have any suggestions on what colors to paint the inside?