Closing FAQs

The real estate process can be overwhelming for a buyer if you don't understand what's going on. For example, do you understand what closing costs are, how much they will be, what title insurance is, what you need to bring to a closing, etc.? It can be a lot to process which is why the best real estate agent at the Lake of the Ozarks is here to answer a few frequently asked questions about the closing process.

FAQs about the Closing Process


 FAQ # 1
What do I need to bring to a closing?

 Answer: When you are ready to close on your house or condo, don't forget the following things:
  • Closing disclosure documents
  • Your ID
  • The deed or title
  • If applicable, the co-signer
  • Proof of homeowners insurance
  • Your check to cover your share of the closing costs, if applicable
Depending on your closing process and specific situation, things to bring could vary, check with an experienced realtor® at the Lake of the Ozarks to verify.

FAQ # 2
What are closing costs?

 Answer: The closing costs are any fees that have to do with the purchase of a home that are paid at the time of closing the real estate transaction. Closing costs can be paid by the buyer or seller and when we refer to "closing" we mean the time where the property title is given to the buyer by the seller.

FAQ # 3
What is title insurance?

 Answer: Title insurance can cover you if things are discovered AFTER purchasing the home. For example, title insurance can protect you from boundary line disputes, contractor liens, or misrecorded documents.

 FAQ # 4
Who pays closing costs?

 Answer: Typically, the buyer and seller share the closing costs. In most cases, the seller will pay the commission and the buyer will pay more of the line-item expenses, such as origin fees, appraisal fees, flood certification fees, bank processing fees, tax servicing fees, notary fees, title insurance, prepaid interest, etc.


Do You Have More Questions About Buying a Home & How The Closing Process Works?


 Give me a call at 573-480-7376. I'd be happy to answer any questions you may have. To learn more about what I can do for you, check out my website at www.JudiattheLake.com. My joy is helping you find your perfect Lake lifestyle and I truly love helping my clients find their dream home at the Lake of the Ozarks. You may also check out some of the best real estate listings at the Lake of the Ozarks by visiting my website, www.JudiattheLake.com and clicking the "Search Lake of the Ozarks Real Estate" link toward the bottom of the page. If you have any questions about any of these listings or would like to see one, please don't hesitate to call me at the number listed below.














Judi Cloyd, Pinnacle Real Estate Partners
5780 Osage Beach Pkwy Ste 112
Osage Beach, MO 65065


Mon-Fri 8:00-5:00
Weekends by Appointment
573-480-7376 : Judi@JudiAtTheLake.com
Location: Osage Beach, MO 65065, USA

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