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Real Estate Tips
Closing or Settlement >Closing Dates

The final closing date is an important item in the negotiation of the purchase agreement on a home. This is the day when the buyers get their ownership papers and the sellers get their money. It is important to remember that most standard contracts don't pinpoint a specific date, and closings can be delayed due to factors beyond the buyer's control.

The closing will usually be set as soon as the title search and lender's paperwork can be completed. However, any number of factors can interfere with the closing schedule. For example, questions can arise about liens against the property that were paid, but not properly recorded. Items in the buyers credit history may have to be cleared up. These situations rarely cause the transaction to fall apart, but they can wreak havoc with your moving schedule. Your real estate agent will keep you up to date on the progress of your closing in order to avoid delays and minimize any inconvenience.

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Real Estate Trivia
Q 
What site discovered in 1965 is considered the world's oldest known habitation?

A 
The Terra Amata site in Nice, France has the remains of 21 huts belonging to the Acheulian culture from 400,000 years ago.
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Gary Martin, REALTORŪ, real estate agent and broker for Plano, Frisco and Prosper, Texas home listings, property and land for sale

Gary Martin
Legacy Park Luxury

105 Forest Meadow
Gunter, TX 75058
214-293-3046
Fax: 903-433-1908
garymartin@BestImageAgent.com


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