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Step 10: Closing Kentucky

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

Local Companies

Old Colonial Mortgage LLC
502-423-5400
2302 Hurstbourne Village Dr Ste 1200
Louisville, KY
Webmyne
0235464
Hopkinsville
Kentucky, KY
Summit Mortgage Company Of The Bluegrass
859-219-9060
1718 Sharkey Way Suite 200
Lexington, KY
Countrywide Home Loans
859-260-1742
2380 Norman Ln
Lexington, KY
Priority Mortgage Associates, LLC
270-763-8111
2832 Shepherdsville Rd.
Elizabethtown, KY
Wells Fargo Home Mortgage
(859) 745-0733
114 S. Maple St
Winchester, KY
A+ Credit, LLC
502-459-2222
3801 Springhurst Blvd.
Louisville, KY
The Cecilian Bank
270-737-3750
2633 Leitchfield Rd
Elizabethtown, KY
Aaron Mortgage Co Hikes Point
502-451-3002
2950 Breckenridge Ln
Louisville, KY
Residential Mortgage Services
859-252-5626
191 Kentucky Avenue
Lexington, KY

provided by: 

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

Old Colonial Mortgage LLC

502-423-5400
2302 Hurstbourne Village Dr Ste 1200
Louisville, KY
http://www.ocmrates.com
Read more about Step 10: Closing

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