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  2. Closing documents: A guide for homebuyers - AOL

    www.aol.com/finance/closing-documents-guide...

    As the buyer, you’ll need to obtain and document homeowners and title insurance, and you’ll receive many documents before and at the closing, like the note and mortgage or deed of trust. Pay ...

  3. I almost made the mistake of paying for mortgage insurance ...

    www.aol.com/finance/almost-made-mistake-paying...

    Then there is mortgage protection insurance that is designed to protect borrowers, and of course everyday homeowners' insurance that protects you in case of damage to the property. There’s no ...

  4. Closing on a house: What to expect - AOL

    www.aol.com/finance/guide-closing-house-expect...

    Unless they’re paying in cash, the prospective buyer will secure homeowners insurance and the mortgage needed to purchase the property. There will be an appraisal of the home and an independent ...

  5. Escrow insurance: What is it and when you need it - AOL

    www.aol.com/finance/escrow-insurance-235640110.html

    Pros. Cons. When the homeowners insurance bill is due, the money should already be set aside to cover it as long as you have kept up on payments. There is a larger upfront payment with closing ...

  6. Who pays closing costs, the buyer or the seller? - AOL

    www.aol.com/finance/pays-closing-costs-buyer...

    Homeowners insurance: Buyers will likely be required to take out a home insurance policy as well, with the first premium payment (or sometimes more) due at closing. If several months of payments ...

  7. What is a closing disclosure? - AOL

    www.aol.com/finance/closing-disclosure-190005117...

    The closing disclosure is the last document you’ll receive before you close your home loan. Review this detailed five-pager carefully to ensure all of the information is correct before closing day .

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