NewBuyer Blog

Closing on Your Home

Posted by Elizabeth Dennis on January 17, 2010 | No Comments

A detailed look at the process of closing on your new home.  Learn about the contract, a good faith deposit, contingencies, the inspection, and the requirements for the closing including: a title search, title insurance, a survey and homeowners insurance.  View the costs of closing on a home.

From the resource about the contract: “Once you’ve found a home, made an offer and the seller has accepted your offer, the seller’s agent draws up a contract specifying the terms and a closing date. When you sign this contract, you have officially agreed to purchase the home.”

Source: Practical Money Skills

Learn more about home closings at Newbuyer.com.