Archive for the ‘Closings’ Category
What You Need to Know About Lis Pendens and Real Estate
What is a Lis Pendens? A lis pendens translates to ‘suit pending’. It means there is a pending lawsuit against a real estate property to reclaim ownership or assert some other claim that materially affects the value of that property to a potential buyer or lender. Lis pendens can also signal the start of the […]
Closings – Everything You Need to Know When Closing on Your New Home
While buyers may be excited searching for a new home, many are not prepared for the process. Closings can be stressful. Knowing the answers to some common questions can relieve some of the anxieties about everything you need to know when closings your new home. Closings Buyers who are financing their purchase have 3 days […]
12 Steps To Closing A Real Estate Deal
What is Closing? A Closing (also referred to as settlement) is the final step in executing a real estate transaction. The closing date is set during the negotiation phase and is usually several weeks after the offer is formally accepted. On the closing date, the ownership of the property is transferred from the seller to the […]