closing on a home: Buying a Home in Massachusetts - What to Expect at Your Closing
- 05/20/11 03:01 PM
Buying a Home in Massachusetts - What to Expect at Your Closing All the heavy lifting has been done. You have completed your home search, found the perfect house, been through an inspection, signed the purchase and sale agreement, secured your mortgage financing and conducted a final walk-through. The time for your closing has finally arrived and there are some details that you should be aware of. Who attends your Massachusetts closing? A closing is usually attended by your buyer agent, the listing agent, the closing attorney and, sometimes your attorney. It is a good idea to have your attorney present if at all possible. But, the … (6 comments)
closing on a home: The Final Walkthrough - Just Before Closing on Your Massachusetts Home
- 12/14/10 08:47 AM
The Final Walkthrough - Just Before Closing on Your Massachusetts Home With end of the year closings looming, now is a good time to review the steps necessary for a final walk-through of your Massachusetts home. You are ready to close on your new home. Your mortgage commitment is in place. The appraisal has been done. The closing attorney has set the date and time for you to come in to sign all of the papers. There is just one more crucial step - the final walk-through of the property you are buying. What actually happens at a final walk-through? … (25 comments)
closing on a home: Buying a Home - The Final Walk-Through
- 10/05/10 01:32 PM
Buying a Home - The Final Walk-Through Before closing on your new home you need to do a final walk-through of the premises. This is a time to carefully inspect the property before officially taking ownership. The walk-through I conduct with my clients lasts an hour or more and includes a detailed checklist as part of the process. It is done prior to the closing and the sellers need to be completely moved out. What actually happens at a final walk-through? Any repairs that were specified in the purchase and sale agreement should have been done. You need to go through … (16 comments)
It has been a busy spring for Massachusetts home buyers and as a result I have a number of closings right around the corner. This seems to be an appropriate time to review the steps for making sure that it all goes smoothly. When planning a closing on your Massachusetts home, these are the main points to keep in mind. Resolve Your Mortgage Financing & Loan Conditions - When the offer on your home was written there was a date assigned for your mortgage to be finalized with the bank. Part of this … (3 comments)
closing on a home: Why Is Title Insurance Necessary for a Home Purchase? - Massachusetts Blog
- 08/16/09 08:45 AM
In real estate there is a concept called "chain of title." X sells to Y, Y to Z, and so on. By the time you arrive at your closing, a title examiner will have performed a title search which will include all documents involved in the chain-of-title. This is also done to uncover any tax liens, judgments, mistakes in the record, undisclosed heirs or unknown easements. When the search has been completed, the examiner will write a letter of opinion expressing that the seller does indeed have good title. This will satisfy the bank and will get you to your … (15 comments)
closing on a home: How to Have A Smooth Closing
- 08/13/09 06:05 AM
Closing day should be a day of joy. You are about to become a homeowner in Masssachusetts. To insure that you have a stress free closing, it is best to know what to be prepared for. On the morning of your closing, you should conduct a walk-through inspection of the property. Most purchase and sale agreements state that the premises are to be delivered in "broom clean" condition and will allow you to conduct an inspection to insure that it is. The sellers should be completely moved out of the home when you arrive. All furniture, possessions and debris should be out … (1 comments)
Buying a Home in Massachusetts - What to Expect at Your Closing 
;)
;)
;)
