Closing

It is never too late to become what you might have been.
George Elliot

 
Closing is the final transfer of the home to the buyer. It occurs after both the seller and the buyer have met all the terms of the contract and the deed is recorded. Closing also refers to the time when the transfer will occur. The event referred to as the closing frequently takes place at the office of a real estate professional who handles the transaction, such as a title officer or real estate lawyer.
 
At closing you will be required to sign all mortgage documents and make all final payments.  Payments made at closing must be in the form of a cashiers cheque.  The final closing costs will be disclosed to you before closing, however they can normally be estimated with a high degree of accuracy. To estimate closing costs using the closing costs calculator.

HarderAndSmarter Realty  Home | Buyers | Home Search | Letting | Tools | About | Site Map 
 
© HarderAndSmarter Realty 2007