by Jennifer Ferri | Jan 12, 2023 | Buying, Closing Documents, Title and Closing
Purchasing a home is exciting. Finally, all of your house hunting and negotiating has paid off! However, once escrow begins the excitement can change to frustration, particularly if you are not ready for the closing costs that quickly accumulate. Watch this...
by Jennifer Ferri | Jul 14, 2022 | Closing Documents
Your closing disclosure documents the actual terms of your loan transaction. You should receive it no later than 3 business days before consummation. It must be in writing – paper or digital. If the loan terms or costs change prior to consummation, your...
by Jennifer Ferri | May 26, 2022 | Closing Documents, Title and Closing
There are a lot of moving parts when it comes to closing on a home, and in order to avoid throwing a wrench in the works, it’s important to watch out for some of the more common snafus that can keep both the buyer and seller from closing on their desired date. Snafu...
by Jennifer Ferri | Feb 4, 2021 | Closing Documents
Seller’s net sheets and buyer’s cost sheets are helpful tools that allow buyers and sellers to see and understand the costs of closing. Net sheets are customizable documents that calculate costs and create an itemized list of the fees associated with buying or selling...
by Jennifer Ferri | Dec 31, 2020 | Closing Documents, Title and Closing
In most real estate transactions the seller will require that the buyer deposit earnest money. This money demonstrates good faith by the buyer to purchase the property from the seller, although most have no idea what role the earnest money plays in the transaction....
by Jennifer Ferri | Nov 5, 2020 | Closing Documents, Title and Closing
First timers in the world of real estate and closings are bound to come across terminology they’ve either never heard of before, or don’t completely understand. So to help with that, we’ve outlined some common closing cost terms to assist new homebuyers with their...
