Understanding Real Estate Closing: A Guide for Home Buyers and Sellers
Posted by Jag Sidhu PREC* on
Buying or selling a home can be exciting, but when it comes to closing the deal, things can get a bit confusing. In this guide, we'll break down the process of real estate closing in simple terms, so you can navigate it like a pro.
1. What is Real Estate Closing?
Real estate closing is the final step in the home buying or selling process. It's the moment when ownership officially transfers from the seller to the buyer. Think of it as the grand finale of the real estate show.
2. The Closing Team: Who's Who?
At the closing table, you'll meet some key players. The real estate agent, the title company representative, and a closing agent will be there to guide you. Each has a role to play in making sure everything goes smoothly.
3. The…
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