Closing day & keys! You were advised about all costs(MRF- Minimum Required Funds) (such as pre-paid taxes, pre-paid insurance, etc.) due at the closing and any other required items. You will need to bring a certified check, made out to the settlement agent, for these costs. You may also initiate a bank wire at least 1 day prior to closing. Prior to the closing, examine the property to make sure all arrangements involving repairs, tenants, cleaning, etc, have been followed.
Your closing will involve you and any co-borrowers, settlement agent, and your real estate agent. You will have to sign many papers. If you have any questions or concerns, your real estate agent or housing counselor, or settlement agent will answer them. You should not agree to close or sign any documents unless you are 100% satisfied with all agreements and understand what you are signing. At the end of the closing, you will own the property and receive the keys.