Contract to Close

    * Make an offer.
    * Title search -- the buyer or the lender should initiate a title search. You want to be sure there are no liens or encumbrances on the property.
    * Inspection: the real estate agent will recommend having a home inspection. Here are tips for finding and hiring an inspector.
    * The lender will hire an appraiser. This will ascertain whether the house is worth what the buyer is paying.
    * Get homeowners insurance. Proof of insurance will be faxed to the closing agent.
    * Consider a home warranty. It either comes with the listing or it can be purchased.
    * Be prepared for closing. Review your paperwork and the HUD publication "Your Settlement Costs." The down payment, interest, taxes and insurance are among the costs you'll probably have to pay.
    * Cash to close -- figure out where you'll get the money for closing costs. Do you have to sell stocks? If you're borrowing from a relative make sure the check is in your account long enough to clear.
    * Get a cashier's check for closing costs.