The Closing Process Archive

You’re almost there! Just one last step before your dream house officially becomes your property. Learn everything you need to know about closing, including how the process works, common problems that can arise, and what you should do to prepare.

How Long Does it Take to Close on a House With Cash?

How Long Does it Take to Close on a House With Cash?

Having the cash required to buy a house is a big advantage for home buyers. You can bypass dealing with lenders and everything that comes with applying for a mortgage, which can save you a lot of time...

What Recourse Do Buyers Have After Closing and Finding Issues

What Recourse Do Buyers Have After Closing and Finding Issues

Buying a new home should be a dream come true. There’s nothing like finding a property that meets your needs an allows you to settle in and feel comfortable. But what if you’ve moved in and dis...

5 Things to Know About the Real Estate Underwriting Process

5 Things to Know About the Real Estate Underwriting Process

Before you can get a loan to buy a house, you need to go through the underwriting process. Your lender is looking to check whether you have the ability to repay the loan that you’re applying for. Th...

Is a Real Estate Commission Rebate to Buyer Taxable? 5 FAQs

Is a Real Estate Commission Rebate to Buyer Taxable? 5 FAQs

Buying a home is a costly affair, from the downpayment to the closing costs and everything in between, but how does getting a rebate at closing sound? Awesome right? We think so. Buyer rebates are ...

How to Close a Cash Real Estate Transaction

How to Close a Cash Real Estate Transaction

  Closing a home can take a long time, but that’s usually because of the mortgage lender’s process. When you’re paying for a home in cash, you can shorten the closing time quite a bit. ...

7 FAQs About Title Companies and What They Do at Closing

7 FAQs About Title Companies and What They Do at Closing

Buying a new home is an exciting prospect, but it can also be daunting. From finding the right house to negotiating the price to the final closing, there are seemingly endless factors to consider. ...

5 Things Buyers Need to Know About Real Estate Tax Escrow

5 Things Buyers Need to Know About Real Estate Tax Escrow

A mortgage escrow account, also referred to as a real estate tax escrow account, is a type of escrow account that your mortgage lender may set up to help you pay your property taxes and homeowners ins...

5 Penalties for Buyers for Not Closing on Time

5 Penalties for Buyers for Not Closing on Time

So your offer was accepted by the seller? Congratulations! While it’s an exciting moment, you may want to hold off on popping the bubbly — the home isn’t quite yours just yet. You still have to ...

7 FAQs About Earnest Money Refunds: An Ultimate Guide

7 FAQs About Earnest Money Refunds: An Ultimate Guide

If you’re thinking about buying a house, you know there’s a whole process when it comes to getting the money to pay for the home you’ve chosen. While folks know about getting a mortgage and payi...

7 FAQs About Paying Cash for a House

7 FAQs About Paying Cash for a House

  If you have the cash to purchase a house, you have much more power as a buyer. A cash sale cuts out the annoying red tape and wait time involved when there is a third-party lender. But befor...