About Me
Basically, you'll sit at a table with your
broker, the broker for the seller, probably the seller, and
a closing agent. The closing agent will have a stack of papers
for you and the seller to sign. While he or she will give
you a basic explanation of each paper, you may want to take
the time to read each one and/or consult with your agent to
make sure you know exactly what you're signing. After all,
this is a large amount of money you're committing to pay for
a lot of years! Before you go to closing, your lender is required
to give you a booklet explaining the closing costs, a "good
faith estimate" of how much cash you'll have to supply at
closing, and a list of documents you'll need at closing. If
you don't get those items, be sure to call your lender BEFORE
you go to closing.