Home closing: Avoid falling at the finish line

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You’re about to close on your next home. Here’s what to expect at a mortgage closing, who will be in attendance, what documents you need to have and how to prepare for closing.

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Peter Warden, an editor for The Mortgage Reports, writes about mortgages, personal finance, credit cards, and insurance.In 2018, he presented "Home closing: Avoid falling at the finish line." #.

The closing. It all comes down to this. The grand finale. Once you have the keys, the house is yours. (Cue: Air horn sound!) Nice work getting this far. You’re almost a homeowner! Let’s run through some questions you may have as you cross the finish line. The close or settlement is when you sign.

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Wire fraud: This scam could cost home buyers and sellers a lot of money. Wire fraud can be a huge problem for buyers, sellers and the real estate industry.

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