The Closing Process
This is where ownership is transferred from the seller to the buyer. You will be asked to sign many documents during this process so make sure you read everything carefully.
Plan on walking through the home 24 hours before closing to make sure it is in good condition for you to move in.
There are some standard costs that will need to be paid at closing, such as closing costs, down payment, attorney fees, title search, title insurance, and appraisal. Your Lender & Realtor will go over this in detail if you have any questions.
The closing agent will also provide payments for you and the seller. You will make the payments and also sign for the mortgage.
Lastly, the title of the house will be given to you by the seller in the form of a deed or deed of Trust. You are now a proud homeowner!