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Linda Grissette |
| The
Best Seller GMAC Real Estate |
| 3829 Veterans Memorial |
| St. Peters, MO 63376 |
| Office: 636-936-2378 |
| Cell: 636-352-7122 |
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Licensed in Missouri.
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| Site Map |
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Step 12: Closing
Your Sale |
| Once it's done, the closing is the fun part. You home
is sold and you get your equity. But it takes some work to make it
happen.
Before a closing can take place many things have to be taken care of:
The loan has to be approved and funded.
The title work or abstracting has to be done and attorney has to read
the title and issue a title opinion. Then any title problem have to
be taken care of before a Title Insurance Policy can be issued. For more
information on title insurance, see an article
on Title Insurance.
The buyer has to arrange for homeowner's insurance.
A survey needs to be done, showing no problems such as encroachments.
All of the taxes have to be checked. Unpaid taxes have to be paid
and the taxes for the current year have to be prorated.
All the bills for inspections, repairs, etc., have to be given to the
closing company so they can be included in the closing statement.
Once all of that is done, the closing company should give you a copy of
the Closing or Settlement Statement (often the HUD-1 form is used) at
least 24 hours before the closing, as the law requires.
Unfortunately, if it's a "rush closing", that doesn't always
happen. No matter when you get the statement, you and the buyer
should both review it for accuracy.
Then it's finally time for closing and possession!
Commissions from as
low as 3.95%...with aggressive
marketing!
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© 2006 - 2008, L.S.G. Enterprises, Inc.
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This page features real estate articles,
articles for For Sale By Owners, articles for FSBOs, articles for By
Owners in St Charles County Missouri, St Peters MO, Lake
St Louis MO, , O'Fallon MO, Wentzville MO, Harvester MO, St. Charles MO, St. Peters MO, St. Charles County MO, Lake St.
Louis MO, Saint Charles County Missouri, Saint Charles MO, Saint Peters
MO, and Lake Saint Louis MO. If you need to sell St Charles County
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estate, Lake St Louis MO real estate,
Dewey OK real estate, O'Fallon MO real
estate, Wentzville MO real estate, Harvester MO real estate, St. Charles MO real estate, St. Peters MO real
estate, St. Charles County MO real estate, Lake St. Louis MO real estate,
Saint Charles County Missouri real estate, Saint Charles MO real estate,
Saint Peters MO real estate, or Lake Saint Louis MO real estate, then
Linda Grissette is the agent to call. If you have St Charles
County Missouri homes for sale, St Peters
MO homes for sale, Lake St Louis MO homes for sale, O'Fallon MO homes for sale, Wentzville MO homes for sale,
Harvester MO homes for sale, St.
Charles MO homes for sale, St. Peters MO homes for sale, St. Charles
County MO homes for sale, Lake St. Louis MO homes for sale, Saint Charles
County Missouri homes for sale, Saint Charles MO homes for sale, Saint
Peters MO homes for sale, or Lake Saint Louis MO homes for sale, then give
Linda Grissette a call.
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