Attend Settlement

Settlement is the meeting where everything comes together. The Closing Officer acts as a neutral third-party, holding the seller's title and the buyer's money. Once all of the contract terms have been met, the seller is given the money and the buyer is given the Warranty Deed (which has been recorded at the County Recorder's office.)

The Closing Officer

• Verifies all contract conditions are met
• Collects necessary documents from the lender, title company, etc., and supervises signitures
• Adjusts or prorates taxes, assesments, association dues, etc.
• Disperses money as instructed by the contract
• Delivers the Warranty Deed to the county for recording into the official records and delivers copy to the buyer

Things You Need to Bring

• Certified check for the balance of down payment and closing costs drawn from a bank within the state where the settlement is taking place
• Hazard Insurance Binder (if not already delivered)
• Photo Id

At the Settlement Table

During the Settlement meeting you will meet with the Closing Officer, your Realtor, and possibly the mortgage representative. You will sign the loan documents, a Promissory Note, a Trust Deed, and the Settlement Statement.