CLOSING

     Closing is the date and time set aside for you to come in and sign the paperwork. Your real estate agent will coordinate the time and date convenient for you and the title company.

     As a buyer, you may want to close near the end of the month, so that you will minimize the number of days you must pay for pre-paid interest, thus saving money. The other consideration is that everyone schedules closings for the last day of the month. The overcrowding and large volume of closings can lead to mistakes and a rushing of the documents. A wiser strategy might be to close three days prior to the end of the month.