"FSBO" or "buying foreclosures"
"Chicago, IL" or "Florida"
Views: 2799
Closing
Also known as settlement, this is the final phase of a real estate transaction when the property is formally transferred from the seller to the buyer. It is usually handled by a
title company, though some states require an attorney at closing. Closing is when the buyer takes on any loan obligations and receives title from the seller.
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