IMPORTANT NOTE: If you are wiring money to the Title Insurance Company for Closing you should always get wiring instructions straight from them by calling them. Do NOT rely on emailed wiring instructions without verifying them by calling the Title Insurance Company or in person.
Then, at Closing, you can quickly compare them to the ones you've read to make sure they're the same ones and sign them.
Only about 1 in 50 clients do this so it is relatively uncommon.
Great Lenders will do this for their clients as well. Some don't.
Your Real Estate Broker will not know the terms and agreed to expenses of your loan so you'll want to review those numbers with your Lender.
This is usually done a few days prior to Closing in an ideal world with a great Lender. Often, it happens the day before or even the day of Closing. Some less-than-great Lenders never do it unless you insist they go over it with you.
We like to schedule this just prior to Closing so about 30 minutes or an hour before Closing depending on how far the property is from the location for Closing.
You'll usually meet your Real Estate Broker at the property for this final walkthrough prior to Closing then head directly over to Closing after.
- 2 forms of photo ID
- Your checkbook - sometimes there will be a last minute adjustment to the closing numbers resulting in a small shortage that the Title Insurance Company will accept a personal check for
- Your funds required for Closing (usually a certified check)