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title insurance: Newlyweds: Closing on Your New Home! - 05/07/08 02:34 PM
Closing day is the day when the keys are in your hands and the home offiially becomes yours.  It is usually 30 days or more after the contract has been signed.  Your contract will typically reflect an anticipated closing date.
At this time the closing agent or attorney delivers a closing statement or HUD settlement statement to the purchaser and seller. In North Carolina, attorneys are required for real estate closings while other states allow title companies to perform this function.  The closing agent will ask the purchaser to sign the promissory note, bond or other evidence of indebtness, promising to repay the the … (0 comments)

title insurance: Mortgage Terms You Should Know! 1st Post! - 04/23/08 04:24 PM
Annual Percentage Rate (A.P.R.) - The actual interest rate for the projected life of a mortgage. This takes into account points showing the payment amount, interest, principal and unpaid balance for the entire term of the loan. It's found on TIL - Truth in Lending.
Appraisal - Estimate of a property's value as of a given date, determined by a qualified professional appraiser. The value may be based on replacement cost, the sales of comparable properties or the property's ability to produce income.
Closing Costs - Cost payable by both seller and buyer at the time of settlement, when the purchase of … (4 comments)

 

Kaety Kowalchuk NC Title Insurance Agent

Cary, NC

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National Title of the Carolinas, LLC

Address: 111 Corning Road, Suite 230, Cary, NC, 27518

Office Phone: (919) 459-1332

Cell Phone: (910) 713-2040

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