Should I use a real estate broker? Does the Buyer pay the broker?

This is first and foremost, because you cannot proceed toward settlement/closing until you get approved for the loan. Once you're approved for the loan, the settlement process is in motion!

Can I, as the Buyer, select the attorney of my choice for my closing?

YES. If you are buying the property or refinancing your loan, you are paying the closing attorney. Don't let any involved party tell you that you must use a certain attorney for your closing -- remember, the closing is for YOU, not for someone else who won't be living in your house or paying your mortgage. Chose a lawyer who will represent YOU -- not one who is trying to make someone else happy.

What do I need to bring to closing?

You will need to bring some current (not expired) government-issued identification with your photo on it, such as a driver's license, passport, or military ID. If you are the Buyer, the money you bring to closing needs to be in the form of "certified" funds, such as an official bank check, certified check, cashiers check, or money order (or wire transfer, or even cash), made payable to either the closing attorney or yourself.

What is title to real estate?

The formal right of ownership of the property, conveyed by a written instrument (e.g. a Deed) from one party to another.

What is title insurance and why do I need it?

Click here for more details on title Insurance.

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