On your closing day you will have an appointment to sign paperwork. Whether you are the buyer or the seller there are still plenty of papers to sign. You and the other party may sign at the same time, or you may have separate appointments. During your signing a title agent will provide you with the paperwork, answer your questions, and help you verify information to ensure your name and other data is correct, and the property information is accurate, as well. You may need to bring money to your closing. You can generally do that through a wire transfer or with a cashier's check. Your title agent will contact you with that information before your closing date, so you can be prepared. If you are the buyer, keep in mind that you will not actually own the property once you sign the paperwork. The deed and mortgage will still need to be recorded with the county where the property is located. A typical closing on a property takes an hour or less. When all your paperwork is signed you will be given a copy of everything to take home with you. Buyers will get their deed, title insurance policy, and recorded mortgage information in the mail at a later date, once the change of ownership has been processed by the county. Sellers will receive a copy of everything they signed, along with a form for tax purposes, detailing the financial aspects of the transaction.
