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

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

   The timeline between making an offer and closing a sale can vary. For home purchases financed with mortgages, the average time to close is 44 days, according to ICE Mortgage Technologies , a ...

3. HUD-1 Settlement Statement - Wikipedia

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

   The HUD-1 Settlement Statement is a standardized mortgage lending form in use in the United States of America on which creditors or their closing agents itemize all charges imposed on buyers and sellers in consumer credit mortgage transactions. The HUD-1 (or a similar variant called the HUD-1A) is used primarily for reverse mortgages and ...

4. 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 ...

5. Closing documents: A guide for homebuyers - AOL

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

   At closing, you’ll need to provide your mortgage lender with proof of homeowners insurance for the property. So get your insurance policy set up as soon as the closing date is set — it should ...

6. What is a closing disclosure? - AOL

   www.aol.com/finance/closing-disclosure-190005117...

   A closing disclosure is a legally-required, five-page statement of your final mortgage loan terms and closing costs. It contains details about your loan term, monthly payments, fees and other ...

7. Good faith estimate - Wikipedia

   en.wikipedia.org/wiki/Good_faith_estimate

   The Loan Estimate replaces the Good Faith Estimate, or GFE, that was used prior to 2015. Lenders are required to issue Loan Estimates within three days of receiving a complete loan application, per the TILA-RESPA Integrated Disclosure Rule (TRID).

8. How long should I keep mortgage statements and documents? - AOL

   www.aol.com/finance/long-keep-mortgage...

   Closing documents, including the closing disclosure, deed of trust or mortgage note: These are important to keep because they outline the financial and legal agreements of the transaction ...

9. Simultaneous closing - Wikipedia

   en.wikipedia.org/wiki/Simultaneous_closing

   Simultaneous closing is a real estate seller financing technique, whereby the private mortgage note created by the seller is simultaneously sold to a note buyer on closing. Typically, the terms of the note are agreed upon between the seller and the buyer with some suggestions from the note buyer.