You're in the homestretch of owning your home. Here's what to expect in the final meeting, the closing.
Finally, you've reached the closing on your property. In this chapter, we'll detail the documents you'll have to sign, what money you have to pay and who will most likely attend your closing and what documents you will be taking away for safekeeping. We'll also explain what an escrow account is and what the ramifications might be if you try to avoid it.
What you can expect to learn from this chapter:
- Understanding the closing process
There's a lot of paper signing at a closing. Here's what you'll be signing, what money you'll be paying and who will be present at your closing.
- Chapter 6 quiz
Did you learn enough about closing and escrow? Take our quiz.