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The Complete Guide to Your Real Estate Closing,9780071400350
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The Complete Guide to Your Real Estate Closing


Edition: 1st
Author(s): Gadow, Sandy
ISBN10:  0071400354
ISBN13:  9780071400350
Format:  Paperback
Pub. Date:  8/21/2002
Publisher(s): McGraw-Hill

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SummaryTable of ContentsAuthor Biography

A PAPERBACK ORIGINAL

The first simple guide to understanding the real estate closing process

Closing and escrow are among the most important­­and least understood­­components of a real estate transaction. The Complete Guide to Your Real Estate Closing takes the mystery out of the confusing, expensive process by giving real estate professionals, investors, and consumers a step-by-step explanation. In simple, everyday language, the book explains closing documents and paperwork, what to do when something goes wrong, mortgage options, how to save money on title insurance, problems that can occur on a title report,

and much more. With sample forms, work sheets, and more, this sophisticated but accessible book covers:

  • Insider tips on how to save money­­from a closing professional
  • Who does what: the real estate agent, lender, title company, closing officer, attorney
  • State-specific information for all 50 states
Introduction v
An Overview of the Closing Process
1(11)
Opening Escrow
12(12)
The Title Search
24(18)
Holding Title: Your Options and Why They Matter
42(11)
The Building Inspection and the Termite Inspection
53(11)
Loans and Financing Basics
64(28)
Loans and Financing: Advanced Topics
92(40)
Title Insurance
132(16)
Adjustments to the Final Selling Process: Debits, Credits, and Prorations
148(10)
Handling Tax-Deferred Exchanges
158(9)
Signing Your Paperwork
167(16)
The Closing and What Happens after Closing
183(24)
Appendix A. Escrow and Closing Forms You Can Use 207(12)
Appendix B. State-by-State Guide to Real Estate Closing Practices in the U.S. 219(27)
Appendix C. Directory of Escrow and Closing Resources on the Web 246(5)
Appendix D. Glossary of Real Estate Terms 251(18)
Index 269

Sandy Gadow is a nationally recognized expert on escrow and closing practices. A title and closing officer for over twenty-five years, Sandy has participated in thousands of real estate closings. She is also a licensed mortgage broker and real estate agent, and a writer, researcher, and analyst for the real estate industry. She operates the popular Web site www.closingadvisor.com and www.escrowhelp.com


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