How To Transfer The Funds To Buy A House

If you have made an offer on a house and gotten it accepted, congratulations! This is a major step, but you might be wondering how you actually pay for a house. The days of showing up to the closing table with a personal check are in the rearview mirror, as nobody wants a check for a house to bounce after the other person has already walked away with the keys. Furthermore, even if you are buying a house with cash, you certainly do not want to show up with a briefcase full of dollar bills. Here is how you will…
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4 Tips To Ensure A Successful Closing

As you come up to the date of your closing, there's time to reflect on everything that led to this step. Your real estate agent, mortgage broker, title company and others all work hard to ensure a successful closing for you. They're all in your corner, hoping for the same outcome as you. They've had to do a lot of work behind the scenes that you may not even be aware of. Their diligence and professionalism has already benefited you. But did you know that it's not all riding on your team of real estate professionals? There are things you…
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Surprising Things That Can Derail A Closing

Once you and the seller have negotiated an offer and you've been pre-approved for a mortgage, you might think that you are in the clear as far as your closing goes. However, that is not always the case. Many surprising things can put a halt to closing. Some may ultimately stop the closing altogether while others could simply cause a delay. Here are a few unexpected things that can derail a real estate closing: A Job Promotion  While you might know that changing employers is one way to interfere with the closing, another deal-breaker can be switching positions with your…
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The Home-Buying Closing Process in a Nutshell

The closing process for a home purchase is an exciting time. The home is finished, the purchase is ready to be finalized and it's almost time to move in. The final steps of the closing process ensures both parties are able to meet their requirements and all the paperwork is in place and verified. The Key Players There are actually four parties involved in a typical closing: the buyer, the seller, the bank or lender financing the purchase, and the escrow agent. Each has an important role in making sure the closing happens effectively and efficiently. As is common with…
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