Port Saint Lucie Port St Lucy Saint Lucie
West St Lucy West West Port Saint Lucie Florida Real Estate Homes for Sale Florida PGA Village Lake Charles Tesoro The
Vineyards Cascades Heatherwood Country Club Estates Magnolia Lakes Gated Community
Golf Community Tennis Community New Construction Adult Community 55+ Second
Home Corporate Relocation Employee Relocate Retirement Investment Investor PreConstruction Pre Construction Pre-Construction For Sale By Owner FizzBo FSBO 1st First time home buyer Vacant Land Vacant Lots
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| The Closing |
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Saint Lucie West Communities: Lake
Charles | PGA
| The Vineyards | Heatherwood
| Magnolia Lakes | Lake
Forest | Lake Forest Point
| The Club | The
Belmont | Kings Isle 55+ Community
| Cascades 55+ Community
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This is the culmination of all your efforts -- the point when
your dream of a home becomes your dream home. The closing, also
called the settlement or escrow, involves a number of people and
elements. Here's a rundown to help you remain confident as the
day approaches.
What's involved
At your closing, you will "sign on the dotted line," not once,
but many times. The process puts the title to the house in your
name, verifies homeowner's insurance on the property, commits
you in writing to the terms of the mortgage and, usually, puts
the keys to the house in your hands.
Closing procedures vary. In some areas, the buyers and sellers,
as well as their real estate agents, attend the closing. In other
areas, only the buyers are present. The closing often takes place
at the office of an attorney, a title company or an escrow company.
Usually each and every document is carefully explained as it arises
and is signed.
Terms you may hear
Some common terms dealt with at the closing are:
Documentation
Downpayment
Fees
Prepayment
Premiums
Points
Interest
Rate
APR
The closing is your final opportunity to make certain that everything
related to the purchase of your home is correct. It's important
to do adequate preparation before the day of closing.
Items that are needed
A closing cost estimate. Your lender will provide the figure in
a Good Faith Estimate, shortly after you apply for a loan. This
should give you a reasonably accurate estimate of funds you'll
need at closing.
Homeowner's insurance policy. This must be secured
prior to the date of closing. For more information on coverages
(and saving money) see homeowner's insurance.
Settlement Statement. Your lender should provide
you with a copy of the Settlement Statement one or two days before
your closing. It's important to have because it gives you the
total amount of cash you'll need at closing and tells how those
funds will be disbursed. Review the Settlement Statement ahead
of time and iron out any discrepancies prior to closing.
Certified funds. On the day of closing you will
typically need to bring certified funds (for example a certified
check) with you for closing costs and down payments. Personal
checks are generally not accepted.
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COPYRIGHT ©
2003-2006 Melissa Conrad, Florida REALTOR. All Rights Reserved!
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PORT ST LUCIE HOMES FOR SALE, REAL ESTATE PORT ST.
LUCIE FLORIDA, ST. LUCIE HOMES FOR SALE, PORT SAINT LUCY, PORT ST LUCY FLORIDA
REAL ESTATE, SELLING AND BUYING HOMES, ST LUCIE WEST, ST LUCY WEST, SAINT
LUCIE WEST, CASCADES, LAKE CHARLES, THE VINEYARDS, THE BELMONT, THE CLUB,
HEATHERWOOD, COUNTRY CLUB ESTATES, PGA, PROFESSIONAL GOLF ASSOCIATION, THE
LEGACY, TESORO, TESORO PRESERVER, WATERFORD, KINGS ISLE, NEWPORT ISLES, LAKE
FOREST, MAGNOLIA LAKES, SEASONS, BALLANTRAE, BALLENTRAE, LAKES OF TRADITION,
BEDFORD PARK, ESTATES OF TRADITION, TRADITION, LEVITT AND SONS, HANOVER HOMES,
NEW CONSTRUCTION, ADULT COMMUNITY, INVESTMENT PROPERTY, PORT ST LUCIE REAL
ESTATE AGENT, HOMES FOR SALE, REALTORS IN PORT SAINT LUCIE AND ST. LUCIE WEST,
SOUTH FLORIDA, RELOCATION, RELOCATE TO PORT ST LUCY, PORT SAINT LUCIE AREA
SCHOOLS, PORT SAINT LUCIE SCHOOL DISTRICTS, PORT ST LUCIE SCHOOL ZONES, PORT
ST LUCIE FLORIDA, RELOCATION TO PORT SAINT LUCY, CORPORATE RELOCATION,EMPLOYEE
RELOCATION PORT ST LUCIE AREA BUILDERS, RELOCATING TO PORT SAINT LUCIE, GOLF
COMMUNITIES, GATED COMMUNITIES, MASTER PLANNED COMMUNITIES, PSL MASTER PLANNED
COMMUNITY, PSL, REALTOR, RENTAL, PROPERTY, PROPERTIES, TREASURE COAST REAL
ESTATE INVESTMENT, PGA, REAL ESTATE, REALTOR, REALTORS, ACREAGE, LOTS, AREO
ACRES, PAAR ESTATES, LUCIE HOME SEARCH, LUCY HOME SEARCH, BUYERS REPRESENTATIVE,
SELLERS REPRESENTATIVE, WEST PORT ST LUCIE WEST PORT SAINT LUCY, RESIDENTIAL
REAL ESTATE, TOP PRODUCER MELISSA CONRAD, REALTOR, PORT ST LUCIE UPSCALE LUXURY
COMMUNITY , PORT SAINT LUCIE AREA MAPS, TOWNHOMES, TOWNHOUSES, MULTI-FAMILY
UNITS MULTIFAMILY, APPRAISALS, HOME INSPECTIONS, Professional Golfers' Association
of America, VACANT LAND VACANT LOTS FOR SALE PRE-CONSTRUCTION NEW CONSTRUCTION
INVESTMENT PROPERTY CONDO CONVERSION Saint Lucie West St Lucy West SECOND
2ND HOME RETIREMENT HOME ASSIGNABLE CONTRACT TESORO TESORO PRESERVE WATERFORD
LAKE CHARLES THE VINEYARDS PGA GOLF CLUB VILLAGE CASCADES 55+ COMMUNITY MAGNOLIA
LAKES CORE COMMUNITY TRADITION MARTIN COUNTY PALM CITY JENSEN BEACH INDIAN
RIVER ST LUCIE RIVER JUPUTER PALM BEACH REAL ESTATE WATERFRONT RIVERFRONT
OCEANFRONT OCEAN ACCESS
