Closing As Seller - Cashier's Check vs. Wire? And Other Questions

[Sean Sullivan]

Hey folks - I'm selling a property that I own outright, and I have a couple of questions:

1. Should I request the funds via a cashier's check or wire transfer? The seller is purchasing with private money/ cash.

2. How do I know how much money I have to bring to the closing as seller? (I am thinking this is just transfer tax, but also may be pro-rated property taxes, though I'm not sure if I am responsible for knowing this).  

I realize these are pretty basic questions - and I did have my lawyer review the P&S, for the record. Thanks in advance for any advice!