The Closing

Introduction

The closing is when your real estate deal is finalized. Your attorney will verify that everything is in order, and you will sign a large quantity of documents, which your attorney will explain to you.

There are a number of items you will need to take care of before the closing. An important one is the home inspection, which you will pay for; it is your chance to discover any serious hidden problems with the property, which may lead to an adjustment in the purchase price. There will be certain closing costs which you will also pay for, either before or at the closing itself. Keep good records of all closing costs for the purpose of tax documentation.


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Investment and insurance products and services are offered through INFINEX INVESTMENTS, INC. Member FINRA/SIPC. Investment & Insurance Services at Flagstar Bank is a trade name of Flagstar Bank. Infinex is not affiliated with Flagstar Bank. Certain insurance products are offered through Douglas Insurance Agency, doing business as Flagstar Investment & Insurance Services, which is affiliated with Flagstar Bank. Products and services made available through Infinex are not insured by the FDIC or any other agency of the United States and are not deposits or obligations of nor guaranteed or insured by any bank or bank affiliate. These products are subject to investment risk, including the possible loss of value.

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