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Step 10: Closing Alabama

In order to complete your home sale, you will need to go through a closing procedure.

Local Companies

HomeTown Lenders - AUBURN
770-757-6481
724 N. Dean Road
Auburn, AL

Countrywide Home Loans
334-663-3902
1530 E Glenn Ave Suite E
Auburn, AL

Wells Fargo Home Mortgage
(334) 347-8858
1210 Rucker Blvd
Enterprise, AL

First Franklin Financial
(334) 347-5795
621 Boll Weevil Cir Ste 29
Enterprise, AL

ACA Financial Services
(334) 393-8492
414 S Main St
Enterprise, AL

Advance America Cash Advance
(334) 308-1973
614 Enterprise Shopping Ctr
Enterprise, AL

Magnolia Mortgage
(334) 271-7525
5748 Carmichael Pkwy
Montgomery, AL

1st South East Acceptance
(334) 393-8302
1032 Boll Weevil Cir
Enterprise, AL

Cash Cow
(334) 348-2251
1000 Rucker Blvd
Enterprise, AL

Acceptance Capital Mortgage
(251) 340-7474
800 Downtowner Blvd
Mobile, AL

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This is when all parties involved sign the required papers and the ownership of the property is transferred from the seller to the buyer.

Usually within the 24 hours leading up to the closing, you will be able to take a walk-through of the home you wish to buy. This allows you to review the property to ensure than any contingencies listed on your contract have been met and that the house is in condition for moving in. If the home does not meet your requirements, you can request that the closing be delayed or that the seller put money in an escrow account to cover any necessary repairs.

Closing requires a great deal of paperwork. You should keep your records organized and also ask your real estate agent about anything else you might need. Be prepared to submit the good-faith estimate, as well as your contract and insurance information. You will also have to sign a number of legal documents and pay closing costs. Make sure to prepare your finances to pay a significant amount at closing.

Closing can be a stressful time, so it is important that you know what to expect. If you have any questions, don’t hesitate to ask your real estate agent, the closing agent or your lawyer. It is better to be prepared that be left in the dark when the closing comes around.

Published on January 16, 2007

Read full article at realestate.com

Featured Local Company

HomeTown Lenders - AUBURN

770-757-6481
724 N. Dean Road
Auburn, AL
www.hometownauburn.net

Read more about Step 10: Closing

- How to Sell a Home Without a Real Estate Agent Alabama

Selling a home without a real estate agent is definitely doable. In fact more and more people are choosing to do so because of the freedom and accessibility the Internet has given them.

- For Sale By Owner Alabama
- Step 8: Locking in Your Rate and Points Alabama
- Step 5: Closing on Your Home Sale Alabama
- An After-closing Letter That Asks For More Mortgage Referrals Alabama
- Steps to a Smooth Closing Alabama
- Garage organization tips: closing the door on clutter Alabama
- Buying your first home Alabama
- Closing Costs On A Home Purchase Alabama
- Step 6: Making an Offer Alabama

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- Step 6: Making an Offer Alabama

Once you've found the right home, the next step is to make an offer to the seller.

- An After-closing Letter That Asks For More Mortgage Referrals Alabama
- Buying your first home Alabama
- Garage organization tips: closing the door on clutter Alabama
- Step 5: Closing on Your Home Sale Alabama
- How to Sell a Home Without a Real Estate Agent Alabama
- Steps to a Smooth Closing Alabama
- For Sale By Owner Alabama
- Closing Costs On A Home Purchase Alabama
- Step 8: Locking in Your Rate and Points Alabama

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Business Services	Fashion	Industrial Goods & Services	Retail & Consumer Services
Career	Financial Services	Insurance	Software
Cars	Food & Beverage	Internet	Technology
Computer Hardware	Franchise	Legal	Telecommunications
Construction	Health	Miscellaneous	Trade Shows
Education	Holidays	Nightlife	Travel
Entertainment	Home Appliances	Online Database	Weddings
Environmental	Home Electronics	Pets	World History