November 2, 2018

HOW IS THE TAX PRORATION CALCULATED?

(Last year’s tax bill multiplied by 105%)/365) multiplied by the number of days between last year’s tax bill and closing. Example: Last year’s tax bill = […]
November 2, 2018

HOW MUCH WILL MY CLOSING COSTS BE?

It depends on a lot of factors.  Here is a list of items that most sellers need to pay for in a standard closing: Realtor fees […]
November 2, 2018

WHAT DOES CLEAR TO CLOSE MEAN?

This term is used by lenders and lawyers and refers to the buyer’s lender issuing an unconditional promise to give the buyer a loan for the […]
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