Posts from August 12th, 2016

I'm not a big fan of surprises on closing day. Usually, when someone at the closing table is surprised, it's not about something good.

Whether you're a buyer or a seller, knowing what you're on the hook for when we get to your closing helps keep surprises to a minimum. Federal regulations require lenders to issue a Closing Disclosure three business days before you're scheduled to close. The document spells out in detail what each party has to pay at closing. If you see things that don't make sense or that you didn't expect, the three days gives us time to get it resolved.

The specific terms of an individual real estate transaction vary based on our negotiations with the other party, but in general you can expect to see these items in your disclosure:

Paid by the seller

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