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	First Time Home Buyer What happens after I make a deal with the seller? Buying: How much cash am I going to need? Tips for First Time Home Buyers Get smart about buying Buying A Condo   Loans: Exotic Mortgage How does a bank decide whether to lend to me or not? How do I know which type of loan to choose? How long does it take to receive the money Closing Costs   Tax: Homeowner Tax Benefits Do I get any tax benefits?   Real Estate: Do you really need a real estate broker? How do I know the house is in good shape?   After the Deal: What happens after I make a deal with the seller? Writing Off Moving Expenses Now your attorney will do a title search and order any other documentation required by the lender. The closing will be scheduled. This is the time and place where cash and ownership of the property will be exchanged. The closing usually takes an hour or two and requires you, your attorney, the seller, his attorney, the bank, its attorney and the broker. You will spend most of your time signing paperwork. This is when you pay your down payment and closing costs. You will receive a statement of the closing costs a few days before you close. You should be prepared with a certified check in the required amount. If your bank is requiring that you pay private mortgage insurance or homeowners insurance, you will usually need to pay the first premium up front. You should do a walk-through of the home before you close on the deal. Make sure that everything is still in good condition. All property that was to remain should still be there. All appliances should work and the home should be broom clean. Once you have closed, change the locks and enjoy.