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1. In NC take place in a lawyer's office
2. Figure between 2 and 5% if you need quick calculation of cost
3. Costs include: origination fee, credit report, attorney, survey,
title insurance, appraisal, tax and recording fees basically
4. May include interim interest
5. Home owners insurance is secured for closing
6. All property taxes are paid at closing
7. Real estate professionals get paid from closing
8. Usually require an hour to complete
9. The seller should be out of the property for closing
10. The buyer has significantly more to sign than the seller
11. If all is well, the seller can sign the deed and lien waiver prior to
closing
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