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Determine closing the real estate transaction

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Reference no: EM132506477 , Length: 10

Closing the Real Estate Transaction

Discussion 1: Choose four terms or concepts that might be used during a Real Estate closing. Write a formal, 6 - 10 page APA formatted research paper explaining the meaning of each term, why it is important, to whom it is important (buyer, seller, real estate agent, closing agent, or lender).

Discussion 2: List any important issues and concerns or advantages and disadvantages. The Real Estate terms used should illustrate the field's current terminology.

  • Some examples of such terms include HUD-1, escrow closing, deed, note, mortgage, marketable title, title search, binder, deed of trust, warranty or other deeds, closing costs, prorated prepaid expenses, transfer tax, etc.

Reference no: EM132506477

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