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  2. ‘Cash to close’: What it means and how it works - AOL

    www.aol.com/finance/cash-close-means-works...

    Cash to close is literally the amount of cash you’ll need to close on your home purchase. ... payment on a $350,000 home, or $35,000. If the contract required 3 percent in earnest money, you’d ...

  3. Closing on a house: What to expect - AOL

    www.aol.com/finance/guide-closing-house-expect...

    Closing day is the final step in what is often a lengthy process – also called “closing” – associated with a real estate sale. It can take a couple of months between signing a purchase ...

  4. HUD-1 Settlement Statement - Wikipedia

    en.wikipedia.org/wiki/HUD-1_Settlement_Statement

    The use of the HUD-1 or HUD-1A is also exempted for open-end lines of credit (home-equity plans) covered by the Truth in Lending Act and Regulation Z. A HUD-1 or HUD-1A Settlement Statement is prepared by a creditor or, more typically, by the settlement agent who conducts the closing on the creditor's behalf.

  5. Home Improvement Contract Essentials - AOL

    www.aol.com/2011/03/10/home-improvement-contract...

    Big talk about your next home improvement project may be exciting, but don't skip the step of securing a formal, written contract from your contractor if you want to make that dream a reality.

  6. Real estate contract - Wikipedia

    en.wikipedia.org/wiki/Real_estate_contract

    A real estate contract typically does not convey or transfer ownership of real estate by itself. A different document called a deed is used to convey real estate. In a real estate contract, the type of deed to be used to convey the real estate may be specified, such as a warranty deed or a quitclaim deed. If a deed type is not specifically ...

  7. Construction bidding - Wikipedia

    en.wikipedia.org/wiki/Construction_bidding

    These are prepared using drafting standards such as the NEC Engineering and Construction Contract or (formerly) the Institution of Civil Engineers' (ICE) Conditions of Contract. [2] In most cases, the architect will release these construction documents publicly, or to a select group of general contractors, who will then place a bid on the ...

  8. Checklist: 8 Things You Need to Do Before Closing on a Home - AOL

    www.aol.com/checklist-8-things-closing-home...

    With preapproval, attending showings, committing to a down payment and engaging in bidding wars, buying a home can be arduous. If you have made it to the final walkthrough, congratulations!

  9. Lump sum contract - Wikipedia

    en.wikipedia.org/wiki/Lump_sum_contract

    With a lump sum contract or fixed-price contract, the contractor assesses the value of work as per the documents available, primarily the specifications and the drawings. At pre-tender stage the contractor evaluates the cost to execute the project (based on the above documents such as drawings, specifications, schedules, tender instruction and ...

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