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All agents are NOT alike! Let me show you how the Mike Carney Team is truly different. Call us today: 609-647-8894.
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Get Free Presentation On Our Home Marketing. Before signing a contract with any real estate agent, make sure you know EXACTLY how your home will be marketed. Find Out More > View All Offers >
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expertise in the negotiations "You got us the best price possible on our home and that we would not have made out as well without your expertise in the negotiations." Gwen & Paul Matusek Read Quote > View All Quotes >
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The Mike Carney Team is one of The Top Selling Real Estate Experts Find Out More > |
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Closing or Settlement >The Settlement
The final stage of a home sale transaction is the time to tie up all the loose ends. The buyer and seller will sign the settlement sheet at the closing, detailing all of the charges that each party has incurred during the sale of the house. It is crucial to go over the sheet for accuracy and to make sure that you understand everything on it before you complete the transaction.
When a contract is negotiated, each side agrees how to divide the loan fees (or points), as well as the other closing charges, such as state or local taxes or escrow fees. Your real estate agent can go over the settlement sheet and help you compare it with your purchase agreement. The seller's charges usually include the brokerage fee, the mortgage payoff, and any charges involved in clearing the title, as well as pro-rated property taxes, payments for termite treatment and escrow for repairs that could not be completed by closing. The buyer's costs include charges for the loan and title searches, insurance and any other legal fees. A good closing officer will go over the settlement sheet line by line, explaining each item and correcting any misplaced charges.
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| Q |
What is the fastest-growing state in the U.S.?
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| A |
Nevada, for the 19th consecutive year, according to 2005 Census Bureau statistics. |
See More Real Estate Trivia > |
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The Mike Carney Team Keller Williams Realty 100 Canal Pionte Blvd. Suite 120 Princeton, NJ 08540 Cell: 609-647-8894 Office: 609-987-8889 x 200 Fax: 609-424-0273 Email: mc@mchnj.com
"The Mike Carney Team"
WITH YOU EVERY STEP OF THE WAY!
Recipient of the NJAR Circle of Excellence Award
(2006 through 2009)
Member of the Top Producers Association of Mercer County

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