Bunny and Art's Advice For Buyers

 

 

The Closing

This is where it all comes together. At the closing, you’ll bring the balance of the funds you’ll need to complete the transaction. Your attorney will provide you with the dollar amounts and who the checks get made out to. The checks are usually bank checks or certified checks, sometimes a wire transfer can be used also.

If applicable, your attorney will also have you sign all necessary documents for your mortgage, and will process that paperwork for you.

Your attorney will also prepare the new deed, and register the deed with the appropriate county clerk.

It is possible to arrange for the closing to take place without you being there. This is done by pre-signing all paperwork. Talk to your attorney to work out the details.

At the end of the closing you will be the owner of the property. The seller will have vacated the property by that time (unless prior arrangements were made). You will get the keys and you now have full access to your new home.

 

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