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  2. Closing (real estate) - Wikipedia

    en.wikipedia.org/wiki/Closing_(real_estate)

    The closing (also called the completion or settlement) is the final step in executing a real estate transaction. It is the last step in purchasing and financing a property. [1] On the closing day, ownership of the property is transferred from the seller to the buyer. In most jurisdictions, ownership is officially transferred when a deed from ...

  3. Guide to closing on a house: What to expect during the ... - AOL

    www.aol.com/finance/guide-closing-house-expect...

    6. Confirm your closing date. The next step is to confirm your closing date. This is the date when the seller will be fully moved out of the home, and you will be able to move in. Keep in mind ...

  4. Real estate contract - Wikipedia

    en.wikipedia.org/wiki/Real_estate_contract

    A typical real estate contract specifies a date by which the closing must occur. The closing is the event in which the money (or other consideration) for the real estate is paid for and title (ownership) of the real estate is conveyed from the seller(s) to the buyer(s).

  5. ‘Cash to close’: What it means and how it works - AOL

    www.aol.com/finance/cash-close-means-works...

    Buyers should carefully review their closing disclosure and consult with their real estate attorney or settlement agent to confirm the total amount needed. When you buy a home , the closing is the ...

  6. Real estate transaction - Wikipedia

    en.wikipedia.org/wiki/Real_estate_transaction

    The closing of the sale ends the escrow period and completes the transfer of ownership to the buyer. At this time, and all monies change hands and a number of closing costs are paid by the buyer or seller. If a real estate broker is used in the transaction, closing is the time that payment is made to the brokers involved. See also. Listing contract

  7. Real Estate Settlement Procedures Act - Wikipedia

    en.wikipedia.org/wiki/Real_Estate_Settlement...

    The Real Estate Settlement Procedures Act (RESPA) was a law passed by the United States Congress in 1974 and codified as Title 12, Chapter 27 of the United States Code, 12 U.S.C. §§ 2601 – 2617. The main objective was to protect homeowners by assisting them in becoming better educated while shopping for real estate services, and eliminating ...

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