The Closing


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.

Share Article:
Add to GooglePlus
*Non-deposit investment products and services are offered through CUSO Financial Services, L.P. ("CFS"), a Registered Broker-dealer (Member FINRA/SIPC) and SEC-registered Investment Advisor. Products offered through CFS: are not NCUA/NCUSIF or otherwise federally insured, are not guarantees or obligations of the credit union, and may involve investment risk including possible loss of principal. Investment Representatives are registered through CFS. General Electric Credit Union has contracted with CFS to make non-deposit investment products and services available to credit union members.