Houston Real Estate – What is a Closing?
In a real estate transaction, the closing is the final step in buying or selling your Houston real estate. Closing usually takes place at a title company, which is a neutral party that does not represent the buyer or the seller.
During this time the title company presents documents which include the HUD 1 statement discussed in our last post, the deed of trust, the note and the Truth-in-lending statement in addition to other documents for specific loan types. In this weeks post we will share the HAR video discussing who the parties are and where a closing usually takes place. Watch the videos below to learn more.
For more information about the, call The CHRIS WYLIE TEAM today at 281.583.9393.