Stacey-Ann's Blog

head_left_image

Home Buying Process - Step 7: The Closing

Part 1:  Contact a mortgage broker.

Part 2:  Determine a budget.  

Part 3:  Decide what features you want in your home.  

Part 4:  Looking at homes

Part 5:  The Offer.  

Part 6:  The Home Inspection & Other Contingencies 

Part 7

The Closing

 

Finally we have made it to the end.  This is the most exciting part.  At the end of this step you will be the proud owner of your new home.  The closing process is very important because this is where you will sign papers taking over ownership of the home and assuming the financial liability of the mortgage.

The closing company ensures that there is a clear title to be delivered to the buyer - this means that all liens against the property have been satisfied.

The closing company will also provide you with a HUD-1 which is the form that breaks down all the costs associated with the mortgage and the closing costs.  This is the form that will let you know exactly how much money you must have present to complete the transaction. Each closing company has different rules about how the funds can be presented.  It is important to review this form very carefully to ensure that it is accurate.

 

If you are ready start the home buying process give me a call!

If you or someone you know would like information about buying, selling, or renting a home in Prince George's, Montgomery,  Charles, Calvert, Anne Arundel, Howard, and/or Baltimore Counties please contact Dr. Stacey-Ann Baugh of Century 21 New Millennium.

 

Search Homes for Sale

 


Donations made to charity with every successful closing!


Dr. Stacey-Ann Baugh

Century 21 New Millennium

www.LiveinPGCounty.com

staceyannbaugh@gmail.com

240-481-3565 (C)

202-546-0055 (O)

 

FINALLY!  A DOCTOR WHO MAKES HOUSE-CALLS!

 

Information deemed reliable but not guaranteed! 

 

 

 

Comment balloon 3 commentsDr. Stacey-Ann Baugh • August 26 2009 08:24PM
Home Buying Process - Step 7: The Closing
share
Part 1: Contact a mortgage broker. Part 2: Determine a budget. Part 3: Decide what features you want in your home Part 4: Looking at homes Part 5: The Offer Part 6: The Home Inspection.. more
Home Buying Process - Step 6: The Home Inspection & Other…
share
Part 1: Contact a mortgage broker. Part 2: Determine a budget. Part 3: Decide what features you want in your home. Part 4: Looking at homes. Part 5: The Offer Part 6 … more
Home Buying Process Step 5: The offer
share
Part 1: Contact a mortgage broker. Part 2: Determine a budget. Part 3: Decide what features you want in your home. Part 4: Looking at homes. Part 5 The Offer Now you've finally found the home of your… more
Home Buying Process - Step 4: Looking at Homes
share
Part 1: Contact a mortgage broker. Part 2: Determine a Budget. Part 3: What Features Do You Want in a Home. Part 4 Looking at Homes When people think about home buying they automatically think about the… more
Home Buying Process Part 3: Decide What Features You Want in Your Home
share
Part 1: Contact a Mortgage Broker Part 2: Determine a Budget Part 3 Decide What Features You Want in Your Home Now that you know how much home you qualify for and how much you want to spend, it's time to start… more
I desperately need your help!!!
share
I am planning a charity golf tournament and I am truly struggling to get people to play, donate, or sponsor. This is a charity that is near and dear to my heart as it honors my best friend who passed away on September 11, 2001 in the Pentagon… more
Home Buying Process - Step 2: Determine a Budget.
share
Part 1: Contact a Mortgage Broker Part 2 Determine a Budget A mortgage broker can determine how much home you can qualify to purchase. However, each individual has to determine how much home they can personally afford. &… more
Help - My Fundraiser isn't Fund Raising!
share
If there is anyone who can help with this fundraiser please get involved. I agreed to chair the Cystic Fibrosis Wine Opener on October 3rd in Washington DC, at the US Chamber of Commerce. I had helped out with it in the past and knew that the… more
Home Buying Process - Step 1: Contact a mortgage broker
share
So you are ready to buy a house. The following series will educate you as to the steps necessary to buy a home. Part 1 Contact a Mortgage Broker. It is important that this be the first step because a… more
Night-time Pediatrics and Adults Too
share
We all know illnesses tend to strike at the most inopportune moments. These are the times when Night-time Pediatrics comes in really handy. They are open 11am to midnight and take walk in visits or appointments. Most Night-time locations are… more