Closing on a Home

A real estate closing disclosure is a form that summarizes the details of your mortgage loan and it’s provided to you by your bank or mortgage lender.

Purchase and sale agreements are important documents that outline the details of a real estate transaction between buyer and seller.

Here’s your essential change of address checklist to help make your transition to a new home much easier.

While you don’t have to buy your Realtor a gift, getting them something is great way to show your appreciation. Closing gifts don't need to be pricey, either.

What you do during after closing can jeopardize the home sale and delay your timeline. Here's what not to do after closing on a home.

Buying a house with foundation problems can be daunting, but not all foundation issues need to be deal-breakers. Here's everything you need to know.

The closing process has many moving parts and steps to complete before the seller relinquishes ownership and you become the official owner of your new home.

A loan origination fee is an upfront fee a lender charges to the borrower, but rates can vary. Here's everything you need to know to avoid overpaying.

Sellers who live in dry funding states will have to wait considerably longer to receive their home sale proceeds than sellers who live in wet funding states.

As tempting as it is to rush the final walkthrough, it’s important to be methodical, as this is your last chance to catch any issues in the home before closing.

You can purchase a homeowners insurance policy at any time during the closing process. But you should have it in place at least a few days prior to closing.

If your home's buyer requests a new closing date, stay calm and ask your real estate agent to walk you through the best options, including a per diem penalty.

There are major legal and financial factors to consider when a buyer wants, and gets, access to the home before they officially close on it.

Title insurance protects both lenders and homebuyers from financial loss if somebody contests the title to a property or other issues with the title.

So you’ve sold your house and are ready to move on with your life. But does the buyer just sign the documents and immediately walk into your home?

Though it's rare, in some situations, buyers are allowed to back out after the final walkthrough. Here's how to avoid that.

Buyers and sellers are each responsible for their own set of closing costs on a home sale, and buyers can ask sellers to cover more costs as concessions.

It can take up to 60 days to close on a house, but signing paperwork on closing day takes less than a few hours.

A title company is a third party that conducts a title search and provides insurance, and hiring one is a necessary part of the real estate transaction.

The average closing costs for sellers typically amount 8% to 10% of the purchase price of the home and can be negotiated between the buyer and seller.