Quote:
Originally Posted by jbless
Please answer (A) for Seller (B) for Buyer
I am both selling my current home and will be purchasing a home in a few weeks.
What are the most important factors including what is in the HUD-1 to look for when Closing?
Are most Title Companies agreeable if you want legal counsel with you?
Why do Buyers and Sellers go at different times?
Thanks!!!!
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Do you not have a RE Agent?
Closing statements are all pretty basic and after you've looked at a few they are easy to explain.
The Closing person should take the time and go over the HUD with you.
No problem on the legal counsel but very few people use them.
There are several reasons for separate closings.
Sometimes the transactions don't go smoothly and there can be hard feelings.
Mostly, there is personal and confidential info that the other party does not need to know.
We do not use closing attorneys here like up north. They like to have everyone at the table. No need for that here.
A seller only needs about 30 minutes and a buyer needs 60-90 minutes. No need to make the seller hang around.