Home Buyer’s Guide: What to expect at closing

What to Bring With You

“Closing” is the final step in buying your new home and you may feel some anxiety in not knowing what to expect.

You may worry that somehow, someone is now unexpectedly going to tell you “no.” The truth is, the closing meeting wouldn’t be scheduled at all unless the decisions were already “yes” on your mortgage loan, purchase agreement and other factors.

So try to relax a bit. At closing, you’re going to provide identification, sign some documents and hand over certified checks for your down payment and closing costs. Oh, and then get the keys to your new place!

The Rundown

  • Closing will usually take place at the title company’s office.
  • It will be a small meeting — usually just you, your buyer agent and an officer from the title company.
  • The seller and seller agent rarely attend closings with the buyer.
  • You can bring a trusted adviser with you, if you wish.
  • Please note that everyone whose name will appear on the property title needs to attend and bring a valid government-issued photo identification (for example, a driver license).
  • The entire meeting will take about an hour.
  • The title company officer will have everything prepared in advance and walk you through everything you need to sign.
  • You’ll be signing your final mortgage papers, title forms, tax forms, affidavits, a deed of trust and various disclosure statements.
  • For your down payment and closing costs, you’ll need a check or wire transfer.
  • It’s a good idea to bring a personal check, too, to cover any last-minute corrections or changes.

Wrap up

When everything’s done, you’ll get the keys to your new home! That’s a special moment and well worth all the effort you’ve put into saving, preparing and house hunting. Once you walk into your new home, you’ll know you made the right decision. There’s nothing quite like owning your own home.

Published by jemvolition

Freelance Writer/Author

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