Introduction: Here to Help Welcome to our closing help topics guide! A closing is when a property is transferred from the seller to the buyer, simply. It sounds easy, right? Real estate closings can have hurdles and cause stress for all involved, especially if you do not have the right information. We here at Landmark Abstract are here to help! Firstly, we are going to
Escrow Accounts and The Closing Process Escrow accounts are an essential part of the closing process in real estate. A contract may require the buyer to provide an earnest money deposit as to show the seller their sincerity in purchasing a property. To start, the escrow account holds fund in an account established by a closing agent or attorney, and then funds are then disbursed
10 Things To Know About Your Closing The search may have been long, but you’ve finally found the home of your dreams. You love its style, floor plan, and views. Additionally, the neighborhood is great! You’ve also done the hard work of reaching an understanding with the seller on price, signed a purchase agreement, and made an earnest money deposit. The home inspection went well,
Purchasing a home can be a rewarding experience! But, there may be delays in the closing. Avoid closing delays with our tips. Keep in mind, situations can be avoided, too! Closing procedures vary from state to state. Therefore, having an understanding of what you need at closing will help your settlement process go as smoothly. Lender Requirements Your lender may require additional documentation or inspections
Let’s Get Started! We understand that by keeping you informed and helping you prepare for the closing day, the more likely you will have a stress-free closing experience. Our courteous and professional staff is proactive in their communication and works diligently to ensure the orderly and efficient transfer of real estate…and we do it with a level of service and friendliness that is hard to