Frequently Asked Questions

1. Who schedules the date of my closing? The date is determined once the contract is signed. Your realtor or loan officer will call our office and determine the best date for all.

2. Do I need an attorney? The closing attorney represents the lender. Although it is uncommon in Georgia, you may choose an attorney to represent you in the closing.

3. Who will check the title of my new property? On behalf of the lender, the closing attorney and his or her staff will examine the courthouse records and tax information.

4. Will I receive the insurance policy? Lenders title policy is included in your closing cost. For an additional cost, you may obtain an Owner’s Policy which will protect you against any liens or defects in title which cannot be found in a careful examination of the title.

5. How much money should I bring to the closing? When you fill out your loan application, your loan officer will give you a Good Faith Estimate of costs. He or she will then forward that information to our offices so that paperwork may be completed.

6. Can I write a personal check for the closing cost and payment? Georgia law does not allow for attorneys to receive personal checks. You will need to bring a money order or cashier’s check.

7. What other documents must I bring to the closing? Homeowner’s insurance for your new home. The coverage amount must be at least the same as your loan.

8. Are there any special requirements for purchasing a condominium? You will only need Hazard Insurance Policy from the Association. The President of the Association can give you a copy for the closing.

9. Who needs to attend the closing? All parties in the loan, title and their realtor. Closings usually last one hour.

9. Will I receive copies of the loan documents? Yes, you will receive copies of all documents signed at the closing.

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