First premium of mortgage Insurance (if applicable)
Title Insurance (yours and lender's)
Loan discount points
First payment to escrow account for future real estate taxes and insurance
Paid receipt for homeowner's insurance policy (and fire and flood insurance if applicable)
Any documentation preparation fees
Closing cost must be paid by cashiers check at closing by the buyer.
The closing is done at an attorneys office.
You will be required to sign many documents to establish yourself as the new owner.
Congratulations on closing on your property. You have made a great decision for your future. Whether you are planning to stay in your home long term or short term, your new purchase will give you plenty of satisfying moments.
