WHAT TO EXPECT AT A
REAL ESTATE CLOSING

Allow adequate time for your closing. A normal real estate closing when a loan is involved will take about an hour.

Bring some form of photo I.D., preferably a driver’s license. This is required in the State of Florida in order to notarize documents.

All funds for closing are required by law to be certified. Certified funds can only be obtained from a bank or credit union; brokerage firms cannot issue certified funds.

You may wire funds into our account if you prefer. However, a wire transfer can take several hours to be posted in our account. In addition, there is a fee for either sending or receiving a wire transfer. We advise our clients to initiate all wires the day before the scheduled closing to insure that the funds will be available at the closing.

If you have questions concerning your funds or if you have any special needs, please call our office and speak with your closing agent well in advance of the closing date.

We will make every possible effort to complete your Settlement Statement at least 24 hours before the closing so that all parties have a chance to review their charges. However, we cannot complete the Buyer’s figures unless we have been given instructions and approval by the lender.

We can normally complete the Seller’s Settlement Statement well in advance of the closing; call your closer if you need the figures sooner than the day before closing.

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