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Why Sellers Choose The Renee Butler Team - Why home sellers in Winter Haven, Auburndale and Haines City choose The Renee Butler Team. Free Presentation - Free in-home listings presentation on marketing your Winter Haven, Auburndale and Haines City, in Polk County Florida property. Property Valuation - How much is your Winter Haven, Auburndale and Haines City home worth? What Did That Home Sell For? - What did that Winter Haven, Auburndale and Haines City, Florida property or other real estate sell for? FSBO - Selling your Winter Haven, Auburndale and Haines City real estate on your own? Go to Main Sitemap - Main sitemap sections include Find Winter Haven, Auburndale and Haines City Homes, For Home Buyers, For Home Sellers, Winter Haven, Auburndale and Haines City Information, Real Estate Resources, and About The Renee Butler Team.
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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 famous $40+ million home has a 60-foot pool with underwater music and a 20-car garage?
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| A |
The home of Bill Gates, co-founder of Microsoft, features the latest futuristic computer technology. |
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