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The Closing Process

Closing is often called “settlement.”  These two terms are used interchangeably, so a Real Estate Closing and a Real Estate Settlement are the same thing.  In a nutshell, this is when all documents are signed, monies are exchanged, and the property transfers to the buyer.  The period between acceptance of an offer and closing is often called “the escrow period.

Closing is often called “settlement.”  These two terms are used interchangeably, so a Real Estate Closing and a Real Estate Settlement are the same thing.  In a nutshell, this is when all documents are signed, monies are exchanged, and the property transfers to the buyer.  The period between acceptance of an offer and closing is often called “the escrow period.

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Posted On May 12, 2016 BY admin

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