The stacks of papers that you
have to sign in order to buy a house can leave you confused. The person
conducting the closing will ask you to sign your name to countless documents
that are filled with "legalese". Some buyers just barely glance at
each form and sign them without a lot of questions, while others find it very
frustrating to try to read every form at the closing table.
You should read and understand the papers you
sign. If you are getting a loan to buy the property, most of the paperwork will
come from the mortgage company. In most cases, there is little time to read
everything in advance because the forms arrive at the closing office shortly
before closing is scheduled to begin. Most of the documents use standardized
language, however, and you should be able to get copies of the documents ahead
of time from the lender so that you can have your questions answered and be
comfortable with the settlement process.