What can be expected at closing?

The closing is the end of weeks or even months of research and decision making. The closing could last less than an hour but may take longer, depending on the complexity of the transaction. It often occurs at the office of a title company or attorney. The closing agent will have an impressive stack of documents, most of which will be for the Buyer to sign. The closing agent will explain each document; after each document is explained, you will be asked to sign it. You will be presented with numerous papers, so be sure to review them carefully, and definitely ask questions if you do not understand anything. As a final step, the Buyer will give the closing agent their cashier's check for their down payment and closing costs - personal checks are not acceptable. The cashier's check will need to be made out to the title company or attorney who is closing the transaction. Funding will normally occur within a few hours, upon a final review by the lender, and the closing will become final. This is an important event, and I will be there to assist in any way that I can. One of my goals is to overcome any problems with the transaction well ahead of the closing, so that it proceeds smoothly.