RUN, don't walk..., Part 6

By
Real Estate Agent with Reliant Realty 213-638

 

RUN, don't walk  -----  PART SIX OF SIX

FIRST TIME HOMEBUYERS:  IT'S A BUYERS MARKET

              It's almost moving time, but first we need to close.  This is at this time when the ownership of the property conveys from the seller to the buyer. 

 The lender has issued a final loan approval, the inspections are complete, the title search has been completed, its time to set a closing date.

 Everyone will be present, the lender will have given the title company their instructions for the closing documents, the buyer and seller are present, their respective real estate agents and/or the attorneys, and the closing agent or closing attorney.

 The closing company will pay off all liens and guarantee the buyer and lender that the new buyer owns it free and clear of any liens other than the new loan. In addition they will record the buyer's deed and new mortgage at the court house.

 NOW, take a deep breath you are a HOMEOWNER, and begin enjoying your new Home.

 Information Provided by:

 Doris M. Freeman          -           Sherri L. Smith

                                             615-438-3221           -           615-557-2070

"TEAM MOTHER DAUGHTER"

 dorisandsherri@yahoo.com

 http://homesintennesseeforsale.com

 

                          Run, Don't Walk - Part One of Six 

                                  Run, Don't Walk - Part Two of Six

                                          Run, Don't Walk - Part Three of Six

                                                  Run, Don't Walk - Part Four of Six

                                                          Run, Don't Walk - Part Five of Six

                             

Comments (1)

Mike Jones
SUNSTREET MORTGAGE, LLC (BK-0907366, NMLS 145171) - Tucson, AZ
Mike Jones NMLS 223495

Doris,

I'm working backward through your series!  Late to the party, but not too late!

Mike in Tucson

Jul 29, 2008 05:07 PM