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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. 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 ...

4. 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 ...

5. 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 .

6. Mortgage calculator - Wikipedia

   en.wikipedia.org/wiki/Mortgage_calculator

   Mortgage calculators can be used to answer such questions as: If one borrows $250,000 at a 7% annual interest rate and pays the loan back over thirty years, with $3,000 annual property tax payment, $1,500 annual property insurance cost and 0.5% annual private mortgage insurance payment, what will the monthly payment be? The answer is $2,142.42.

7. 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 ...