title company: Friday Q&A: WHAT IS A REAL ESTATE CLOSING? - 07/29/11 10:19 AM
 
 
WHAT IS A REAL ESTATE CLOSING?
 
 
 A “closing” is where you and I meet with some or all of the following individuals: the Seller, the Seller’s agent, a representative from the lending institution and a representative from the title company, in order to transfer the property title to you. 
The purchase agreement or contract you signed describes the property, states the purchase price and terms, sets forth the method of payment, and usually names the date and place where the closing or actual transfer of the property title and keys will occur. 
 
 
 If … (2 comments)

title company: Common Closing Costs for Buyers - 07/28/11 06:14 AM
 
Common Closing Costs for Buyers
 
You’ll likely be responsible for a variety of fees and expenses that you and the seller will have to pay at the time of closing. Your lender must provide a good-faith estimate of all settlement costs. The title company or other entity conducting the closing will tell you the required amount for:
 
·        Down payment
·        Loan origination
·        Points, or loan discount fees, which you pay to          receive a lower interest rate
·        Home inspection
·        Appraisal
·        Credit report
·        Private mortgage insurance premium
·        Insurance escrow for homeowner’s insurance, … (1 comments)

 
Jen  Giraud (American Home Shield)

Jen Giraud

Dallas, TX

More about me…

American Home Shield

Mobile: (214) 718-4008

Email Me



Links

Archives

RSS 2.0 Feed for this blog