Closing Articles
1: Closing Contracts
When you are in the process of having a contract closed in Tax delinquent Investment you need to consider a time frame. Remember not to make that contract null and void, so give it a very good time f
2: Who Controls The Closing Date For Escrow - The Buyer Or The Seller
When you make an offer to purchase a property, you will sign a Purchase or Purchase and Sales Agreement with the Seller. This document will be the binding contract and agreement between you and the Se
3: When Is Escrow Considered Open?
When you give your deposit to the real estate agent and the signed sales agreement has been signed by both the buyer and the seller, the agent may then "open" escrow. If there is no real estate agen
4: The Property Recording System
Virtually every county in the United States has a place where records of title are publicly recorded. The recording system gives constructive notice to the world of the transfer of title to property.
5: Tax Prorations At Closing Time
Among the various items which will be prorated, or shared between the buyer and seller at the closing will be real estate property taxes. Although prorations are normally pretty straightforward and ea
6: Simultaneous Closings
A simultaneous closing, sometimes called "table funding," is a transaction in which the seller sells the property, carries a note, and then sells the note at the same time the property sells, or withi
7: How to Save Up to 90% on Title Insurance
If you have ever bought or sold real estate, you have probably paid for title insurance. What exactly is title insurance? Why do we need it? How can I save money on title insurance? These are common q
8: How to Ensure a Fast Easy Closing with Your Hard Money Lender
Every Real Estate Investor (REI) wants to close as soon as possible but unless you help the process along by doing the simple tasks required by your Hard Money Lender (HML) and the title company you a
9: How Do I Prepare for Closing?
Prior to the actual closing day, there are several things you should do to be certain that your real estate transaction will close on time, and that everything will go smoothly. A day or two before cl
10: Follow Up - the Key to Successful Closing
If everyone always did everything they said they’d do, we’d all be a lot richer. Unfortunately, tasks are overlooked, and the ball is often dropped. If you want to have successful closings
11: Finding Hidden Costs on Your Closing Statement
Throughout the closing process, you will have been given various documents, some being mandatory government disclosure documents. These disclosures are meant to keep you fully informed in regard to th
12: Closing Escrow When You Are Out of Town
It may happen that you or your spouse must be out of town at the time of your escrow closing. Perhaps you suddenly have to go out of the country and you may be worried how you are going to close your
13: A True, and Humorous, Real Estate Investing Tale
A local friend of mine, a real estate attorney who has been a very successful full-time investor for 30+ years, shared this story with me one time. These are the actual letters; he kept copies for hum
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