15. How do I close the transaction?
Hire a closing agent
Non-professionals will generally need help with the final stage of the real estate deal. Laws vary greatly in different places about what is required to complete such deals. Find a lending institution, lawyer, or escrow or title insurance company before a single buyer bids on your property. Your closing agent will gather necessary information, including buyer qualification, to certify the validity of your transaction and, working with the buyer’s agent, will wrap up the contracts, title searches and insurance, and other details that will finally allow them to determine the net due to you, the buyer, at the end of the transaction.
No comments:
Post a Comment