Buyer: 

Funds

Your settlement statement will provide you with the amount you should bring on closing day.

Acceptable forms of payment:

Wire Transfer (to The Closing Table, Inc.)


Identification 

A valid U.S. Government-Issued photo ID such as:

State-Issued Driver’s License
Government-Issued Passport
DMV ID Card 

--------------------------------------------------
Seller: 

Voided Check/Deposit Slip 

If you would like your proceeds wired.

Identification 

A valid U.S. Government-Issued photo ID such as:

State-Issued Driver’s License
Government-Issued Passport
DMV ID Card 
Keys/Access Code 

Gate Keys
Garage Door Openers
Front Door/Back Door Keys 

The most common type of closing has both the sellers and the buyers of the home sitting at the closing table. A closing agent from the title or closing company is also present to guide all of the parties through the closing process. Closing on a home requires a lot of signatures on many legal documents, by both the buyers and the sellers.

The bottom line is that the paperwork you sign ultimately transfers ownership of the home. For the buyer, the closing also involves signing the promissory note and mortgage documents. These documents have you acknowledge that you owe the lender the agreed upon amount for the mortgage. After everything is signed and certified, or when cashier’s checks are collected, the closing agent makes copies of all of the documents that pertain to you.

The seller then hands over the keys, garage door openers, and any other access information to the buyer, and the deal is done. The buyer is now the proud owner of the home. The seller walks away with a check for the profit of the home sale and everyone walks away from the closing table with what they came to receive. Mission accomplished!

Watch this short video to learn more about the TILA-RESPA Integrated Disclosure rule. Specifically this video covers what home buyers can expect with their transaction, how the new regulations are designed to make it easier for home buyers to understand the terms of a mortgage loan, compare loans from different lenders and more.