Any issues or problems will have been discussed and
resolved before the scheduled date of the closing, including a final walk-through
by you to ensure you are satisfied with all conditions in the sales contract.
On closing day you can expect papers, papers, and more
papers! You'll sign the note promising to repay the mortgage, with the
house as security. You'll sign other papers fulfilling governmental regulations
and transaction information. Look over the numbers on the closing or settlement
statement carefully – that's the last documents you'll need to sign.
Congratulations!
The papers are signed, the money's been
exchanged.
You're handed the keys and the home is now yours!
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