With all the technological advances young home buyers have been accustomed to growing up, I 'm seeing an interesting pattern emerge. Younger buyers, 25 to 40 years old, know they have to bring money to closing but they expect to be able to bring their debit card and swipe when, in fact, they should bring a cashier's check, money order, or do a wire transfer of the funds. The title company will let them know the exact amount, but their REALTOR needs to be prepared to tell them how to bring the money because title companies don't always take care of that.
So buyers, here it is: when you go to a closing on your new home, bring a cashier's check made out to the title company where you're closing or, better yet, wire the funds directly from your bank to the title company. The title company will give you the exact amount, to the penny.