Escrow, pending sale“Closing” or  “escrow” is listed as one of the top ten problem areas that occurs in a real estate transaction.  It is probably the least understood, and most feared, aspect in a property purchase. Misunderstandings about closing costs can result in hundreds or even thousands of dollars of needless expenses, and put seemingly solid deals at risk. This final step to your purchasing a home or property can go smoothly if you take a few precautions beforehand. Knowing what questions to ask and reviewing all documents well in advance of the closing day will prepare you for a hassle-free and smooth closing.

Click Here for an article on getting answers to common closing and escrow questions to help make your home buying process go smoothly and perhaps to save you money in the process.

 

Filed under: Ask WarrenNews