Posts by Closing Real Estate

This is the document that binds the buyer to repay the loan. It outlines the loan amount, interest rate, repayment terms, and consequences of non-payment.

The deed is a legal document that officially transfers ownership of the property from the seller to the buyer. It includes a detailed description of the property and must be signed by the seller at closing.

This is a standardized form that includes the terms of your mortgage loan, such as the interest rate, monthly payments, and estimated closing costs. It is provided by your lender at the start of the mortgage process.

This document provides a detailed breakdown of all costs associated with the transaction, including loan terms, monthly payments, and closing costs. It must be provided to the buyer at least three days before the closing.