On the contract for sale or offer there will be an approximate date listed for closing. The actual closing date will primarily depend on obtaining a financing commitment for the mortgage lender. If the buyer is represented by an attorney, that attorney will notify the buyer of the final date. Buyers not represented by an attorney will be notified by their real estate agent.
When you are notified about the closing date you will also be told how much money to bring for the closing costs. Closing costs are usually presented in the form of a cashier’s check. Make sure you know if you are required to bring a cashier’s check or some other form. The buyer should also plan to bring extra funds in cash in case
the closing costs change at the last minute.
The buyer will be required to bring at least the following to the closing.
• The homeowners’ insurance policy or proof of payment for the policy from the insurance agent.
• Proof of payment for any other insurance policies that are required for this transaction.
• A certified check for all closing costs.
• A certified check for the remainder of your down payment. The buyer will get the amounts for the third and fourth items one or two days prior to the closing. It is also a good idea to bring one to two thousand dollars extra in cash for any miscalculations or unexpected costs.