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Tuesday, May 23, 2017

What Is A Lien? What Kinds Are There?

A lien is bad, but it's not the worst thing that can happen. It happens from time to time, and they must be dealt with. Getting behind on your mortgage, bills, other payments, and diving further into ...  Read More

Monday, May 22, 2017

HomeBuyer's Believe Wrong

Genworth Mortgage Insurance recently conducted a survey and they concluded that potential first-time homebuyers are hindered from joining the real estate market because they cannot meet the 20% down ...  Read More

Closing Expectations for Sellers

When closing day finally arrives, all those involved in the sale and purchase of the property meet at the designated place or office to close the deal.  The seller can expect to sign just a few documents – the HUD-1 verifying the terms of the sale and notices of monies owed or due is the primary one of concern.  Your REALTOR should have already given you a preliminary copy of this document.  Therefore eliminating any surprises.  Other documents will be signed as well, but not nearly as many as the buyer, if a mortgage is involved. 

You may then turn over the keys to the buyer if arrangements have been made.  Please make sure you’ve contacted the utilities to arrange for a smooth transition between you and the buyer.