The sale is completed at closing, usually at the Title Company at times convenient for the buyer & seller. Both parties need to plan on about two hours. Usually the buyer is scheduled before the seller. This enables the seller to be paid shortly after the closing if funding has been obtained. After the Title company receives the Lender's list of charges a preliminary HUD-1 outlining Buyer costs and Seller net receipts is prepared. This is reviewed by the Realtors and clients. Corrections are made. A cashiers check is required. On site corrections can usually be made with personal checks less than $500. The Title company escrow officer reviews the HUD-1 and other applicable documents with the Buyer and Seller. Copies of all documents are given to both parties.