|
So what will happen at closing? |
 |
 |
 |
|
Written by U.S. Department of Housing & Urban Development
|
|
Answer: Basically, you'll sit at a table with your broker, the broker for the seller, probably the seller, and a closing agent. The closing agent will have a stack of papers for you and the seller to sign. While he or she will give you a basic explanation of each paper, you may want to take the time to read each one and/or consult with your agent to make sure you know exactly what you're signing. After all, this is a large amount of money you're committing to pay for a lot of years! Before you go to closing, your lender is required to give you a booklet explaining the closing costs, a "good faith estimate" of how much cash you'll have to supply at closing, and a list of documents you'll need at closing. If you don't get those items, be sure to call your lender BEFORE you go to closing. Be sure to read our booklet on settlement costs. It will help you understand your rights in the process. Don't hesitate to ask questions.
|
Want to see the entire range of bank owned/foreclosed property and short sale opportunities throughout Nassau County? We've setup a special site for you to obtain the most up to date lists of distressed assets available. Our dedicated team searches dozens of resources daily so you don't have too!
We can create for you a free, no obligation, comparable market analysis to assit you in pricing your home right! We’ll account for everything from your neighborhood, homes location, recent sales in the area and current market conditions. 
Not ready to buy a home? We'll we have you covered. Check out Chaplin Williams Rentals, Inc. for long term rentals on Amelia Island, in Fernandina Beach and Yulee. You'll find a wide range of property types with price points sure to please. And if you're looking to make some money by offering your home for rent they can do that too!