As this video explains, a signed sales contract doesn’t mean your house is sold. There are still financial, contractual and legal steps for both sides. The buyer has to get financing to meet the contract terms - which includes credit checks. The property is inspected and appraised; title insurance and escrow accounts are set up…
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What Does The Closing Meeting Involve For The Seller?
Watch this video to get a quick idea of the seller's side of closing. Also known as “settlement” and “escrow” the closing is a meeting where property, money, title and liens are exchanged between all the parties involved. The closing agent typically conducts the meeting. They’ll review the sales agreement to determine payments and credits…
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