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Скачать или смотреть What are usual Closing Documents? What are usual House Closing Documents? House closing documents...

  • David Ceruolo
  • 2021-08-16
  • 1246
What are usual Closing Documents? What are usual House Closing Documents? House closing documents...
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Описание к видео What are usual Closing Documents? What are usual House Closing Documents? House closing documents...

Attorney David Ceruolo, discusses: What are usual Closing Documents? What are usual House closing documents? What are House Closing Documents...Normal Home Loan Documents...House Closing Documents explained. David defineds: what are important Closing Documents. First, Dave speaks of documents that are signed at house passing. Then, Dave Ceruolo, Real Estate Lawyer, explains 3 of ... the most important closing documents. David helps you understand: documents that are signed at home closing. What are closing documents? What is signed at closing? Important closing documents? What are important closing documents?

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What is a closing on a house?
When you purchase or refinance a home, the last step in the process is called the closing. This is when you finalize all the details of the transaction. It's a good idea to review what happens ahead of time so you know what to expect.

What is a Closing Disclosure?
A Closing Disclosure is a five-page form that provides final details about the mortgage loan you have selected. It includes the loan terms, your projected monthly payments, and how much you will pay in fees and other costs to get your mortgage (closing costs).

What is a promissory note?
A promissory note is a written promise that one party will pay the other party by a specified time. As long as it’s signed by both parties, a promissory note can be as simple as jotting down some words on paper. Promissory notes are different from contracts in that contracts spell out all the terms of a legal agreement while promissory notes only cover when, how, and how much someone is paid.

What is a Mortgage:
A mortgage is an agreement between you and a lender that gives the lender the right to take your property if you fail to repay the money you've borrowed plus interest. Mortgage loans are used to buy a home or to borrow money against the value of a home you already own.

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