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2. Closing (real estate) - Wikipedia

   en.wikipedia.org/wiki/Closing_(real_estate)

   The closing (also called the completion or settlement) is the final step in executing a real estate transaction. It is the last step in purchasing and financing a property. [1] On the closing day, ownership of the property is transferred from the seller to the buyer. In most jurisdictions, ownership is officially transferred when a deed from ...

3. Real estate contract - Wikipedia

   en.wikipedia.org/wiki/Real_estate_contract

   A real estate contract is a contract between parties for the purchase and sale, exchange, or other conveyance of real estate. The sale of land is governed by the laws and practices of the jurisdiction in which the land is located. Real estate called leasehold estate is actually a rental of real property such as an apartment, and leases (rental ...

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

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

   There’s no set number when it comes to closing costs. Typically, homebuyers pay around 2 percent to 5 percent of the home’s sale price in closing fees, while sellers pay slightly more ...

5. Closing documents: A guide for homebuyers - AOL

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

   The closing is no exception: As you near closing day, be prepared for the different types of documentation you’ll encounter with this convenient closing-documents checklist. Closing documents ...

6. Purchase and sale agreement - Wikipedia

   en.wikipedia.org/wiki/Purchase_and_Sale_Agreement

   A purchase and sale agreement (PSA), also called a sales and purchase agreement (SPA) [1] or an agreement for purchase and sale (APS), [2] is an agreement between a buyer and a seller of real estate property, company stock, or other assets. The person, company, or other legal entity acquiring, receiving, and purchasing the property, stock, or ...

7. Can you back out of a house offer once it’s been accepted?

   www.aol.com/finance/back-house-offer-once...

   The short answer: yes. When you sign a purchase agreement for real estate, you’re legally bound to the contract terms, and you’ll give the seller an upfront deposit called earnest money. Your ...