Monday, March 5, 2012

Don't Let Closing Day Be a Close Call

There were no last-minute misunderstandings for Robert Sandercockon closing day.

His attorney and real estate agent had thoroughly covered allthe variables and costs with him before the scheduled one-hourclosing. And because it was the second time in five years he hadpurchased a home, he was familiar with the process.

Not every closing goes so smoothly. Home buyers should knowwhat to expect at a real estate closing, and should be planning forthe major event as soon as they sign a sales contract.

The real estate closing is where everything finally comestogether, where the buyer signs the final mortgage note, where theseller gets paid and where all bank …

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