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Buyers >> Closing The Contract At
the closing or settlement, you and the seller will each have completed the
conditions and met the terms pursuant to your contractual agreement and
title to the property will be conveyed to you.
Your RE/MAX Real Estate Professional, escrow company, attorney or other
settlement assistant will have helped you through the myriad steps of
closing, including handling of the many details such as:
* Loan approval * Inspection of the property * Possible repairs
* Securing free and clear title and title insurance * Payment of all current
taxes * Payment of insurance * Pay-off of existing seller's loan * Document preparation and
recording * Ultimate transfer of funds, title, keys and
paperwork. Following the closing, you will receive a final settlement statement for
your records that clearly illustrates all the fees paid by you to close
the contract.
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