Home Closings, How They Happen

Home Closings, How They Happen

The Mary Ellen Vanaken Team of Keller Williams Realty - http://www.mevhomes.com

Home closings and how they happen is not difficult once you understand the process. The mortgage loan closing for a home in Georgia is the meeting at which you take official ownership of the house. You will sign many papers and pay your closing costs at the meeting.   There will actually be two separate closings -  the closing of your loan and the closing of the sale. At the end of the meeting, you will receive the keys to your new home!

The closing process varies from state to state, and even within the same county or city. But, certain activities are standard. 

Closing Activities

Before closing, your lender, Buyer Agents Realty, and your closing agent will be handling many pre-closing activities. You need to be aware of them and who arranges and pays for each activity. 

No later than three business days after your loan application was received, your lender should have delivered to you a