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  2. Guide to closing on a house: What to expect during the ... - AOL

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

    6. Confirm your closing date. The next step is to confirm your closing date. This is the date when the seller will be fully moved out of the home, and you will be able to move in. Keep in mind ...

  3. Homebuyer Tax Credit: Closing Date Extension Gets Senate OK - AOL

    www.aol.com/news/2010-06-17-homebuyer-tax-credit...

    Homebuyers who took advantage of the $8,000 federal tax credit but are unable to close by the June 30 deadline may have gotten a reprieve yesterday. On Wednesday afternoon, the Senate OKd a ...

  4. Closing documents: A guide for homebuyers - AOL

    www.aol.com/finance/closing-documents-guide...

    The closing is no exception: As you near closing day, be prepared for the different types of documentation you’ll encounter with this convenient closing-documents checklist. Closing documents ...

  5. Internal Revenue Code section 1031 - Wikipedia

    en.wikipedia.org/wiki/Internal_Revenue_Code...

    Taxpayers who hold real estate as inventory, or who purchase real estate for re-sale, are considered "dealers". These properties are not eligible for Section 1031 treatment. However, if a taxpayer is a dealer and also an investor, he or she can use Section 1031 on qualifying like properties.

  6. Closing (real estate) - Wikipedia

    en.wikipedia.org/wiki/Closing_(real_estate)

    The closing: On the closing date, the closing documents are signed by the buyer and seller. [9] On this day, the seller may also deliver possession to the buyer, typically by giving the buyer keys to the property. [10] Post closing: The signed documents are recorded at the recording office. [11] Title insurance is issued during this time. The ...

  7. Real estate contract - Wikipedia

    en.wikipedia.org/wiki/Real_estate_contract

    The date of the closing is normally also the date when possession of the real estate is transferred from the seller(s) to the buyer(s). However, the real estate contract can specify a different date when possession changes hands. Transfer of possession of a house, condominium, or building is usually accomplished by handing over the key(s) to it.

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