What is a real estate closing?

A real estate closing is the final step in the process of buying or selling a home in Florida. It is the point at which the home is officially transferred from the seller to the buyer. During the closing, all of the paperwork related to the sale of the home will be signed by both parties, the buyer will make payment to the seller and receive the keys to the home. The closing process typically takes place at the office of an attorney, title company, or real estate agent. At the closing, the buyer will sign the loan documents and pay any closing costs which may include inspection fees, appraisals, taxes, or other related costs. The seller will sign the deed which transfers ownership of the property and any other documents related to the sale. The buyer will receive the title to the home and any deed restrictions or covenants related to the property. The closing process is an important part of the transaction and provides the protection necessary to protect the interests of both the buyer and seller. It is important to have an experienced real estate attorney review the documents prior to closing to ensure that all of the terms of the sale are properly understood and that the buyer and seller are both protected.

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What is a real estate closing?

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