This has helped. as a first time buyer I'm not receiving any help to understand the process, and I have a counselor! I haven't been told ANY of this! I've asked family and friends and asked for help. one mentioned the points but no one else bothered to help me understand the paperwork. Two have said, "Good luck with that" or "make sure you know what you're getting into" ok, that's why I'm asming for HELP!!! 🤬 As a mentally disabled person, I need to make sure I'm not getting bamboozled! This has left me strapped, no gas on my car to even get to closing, because I can't spend anything! it's the most stressful thing I've ever done and I'm so close and so scared.
Very informative! You might want to tell buyers to read the HOA rules. They can have hidden fees or rules that you need to know. I heard of someone who didn’t do this, and ended up having to paying fees and expenses they knew nothing about! Also , when looking at any property make sure you have a updated copy of the HOA rules. (Home Owners Association)
Great video! I received clear to close over a week ago supposed to close on the 16th now scheduled for the 23rd . Title agency is being difficult! This whole process has been stressful and the closer to the finish line the more stressful things get. This is my first and last house I will never put myself through this again
For example I am buying a house I did everything paperwork finish now isn't house but people living in it who's responsible to tell them to move out the seller or the buyer
Hi Tiffany Great Video! As a Real Estate Investor who is just starting to wanting to do Wholesale Deals, do I have to Sign all that Paperwork First, before I pass it on to the Buyer, or is it only the Seller or Buyer that has to Sign all of that Paperwork? Please let Me know, or do I need a Real Estate Attorney on Closing Day or will only a Title Company be necessary to be present, along with Me, and the Cash Buyer, I assume? Get back to Me and talk to you, very soon, Tiffany! 😊👍
Now December 2023. As an HOA representative, we have a digital welcome packet that includes a cover letter, architectural policies, and payment policy. We would like this document e-signed by the buyer to acknowledge receiving. How do you see this being included in a closing?
Question, if you are granted credit for repairs ,can you use that money towards the down payment? I’m talking about a down payment from a government loan.
reason i search was i am going to buy house soon, my question is how to pay, Realy State Attorney hourly or fix rate i am from taxes, thanks for you're information
I was supposed to close on the 19th of May. We still have not closed. They're saying there is an heir who refuses to sign. They are really putting us through it. What do I do???
Can ask u a question about Someone in Mexico buying my timeshare property & they had a local real estate attorney where I live get in contact with me to sign some papers …
How about when they add an amendment to the contract (and incorrectly label it 'addendum') which AMENDS the due diligence terms, and sends them to an escrow agent under THEIR terms... Seems shady to me... Should someone retain a real estate attorney BEFORE even signing such an offer to purchase? It seems as if they are attempting to defeat the provisions set forth by the legislature for seller protection with such an attachment to the offer contract. What do you say?
In Arizona youhaveDry Funding When the seller Transfers the property it becomes the buyer's without recording In Arizona youhave 60 days to record the property
As I understand from your video, there is no participation of a State in closing procedure, isn't it? I am from Ukraine, and here we have certification procedure and online State Registers, where we can get the info about owner. Do you have it in USA too? Thanks for video!
In the condo I live on the outside there are recently broken bricks. This problem needs to be fixed. No one is doing anything about it. Not the Association or the Superintendent. Does anyone have any advice for me? I do not want to move at this time. I am one of the owners. The building has more than 100 units.
Great info on closing a home for saling.. My cousin wants to know in plain words. Is closing a probate court case for transfering their property to own for themselves called closing as well??
While going through the process of closing a probate court case.. They sent some papers like a quit claim deed, of both the deseased and themselves and thought that the court would finish their case without final fees to conclude the probate court case.. Oooo and they thought it would be over if a document called Sworn Statement to Close Unsupervised Administration,, would complete the conclusion of their probate case.. Can you explain to me so I can help them to understand, the difference between a closing of probate court case for ownership and a closing of estate to sell the property.. Thank You.. I've never sold or owned a home of my own.. To be honest I thought that this was alll the same thing. Because, you need one to do the other. Right??
The lender will have verified funds from the beginning of the process...typically with some sort of pre qualification letter ever before you submit an offer to purchase a property.
Any Title companies or Attorneys here that can close on Subject to and lease option investment properties? We provide and place Sublease Tenants in the properties. I have all the Documentation, Properties all in Trust also.
With a married couple, are both wife and husband names on the title? Can most loans be paid off in advance, for example if the owners suddenly inherit cash?
If you all haven't seen a documentary called.. it's worse than you think... By revelations of Jesus Christ ministries... I suggest you do.... All praise and glory to the most high Jesus Christ
Great video! Thanks. I appreciate the explainations and quality here. Best
This is a very high quality video. Clearly professionally produced. Good work.
Thank you! We put a lot of effort into making these videos to try and help people better understand the law!
This has helped. as a first time buyer I'm not receiving any help to understand the process, and I have a counselor! I haven't been told ANY of this! I've asked family and friends and asked for help. one mentioned the points but no one else bothered to help me understand the paperwork. Two have said, "Good luck with that" or "make sure you know what you're getting into" ok, that's why I'm asming for HELP!!! 🤬 As a mentally disabled person, I need to make sure I'm not getting bamboozled! This has left me strapped, no gas on my car to even get to closing, because I can't spend anything! it's the most stressful thing I've ever done and I'm so close and so scared.
This video is fantastic. So helpful and thorough. Thank you!!
Very informative! You might want to tell buyers to read the HOA rules. They can have hidden fees or rules that you need to know. I heard of someone who didn’t do this, and ended up having to paying fees and expenses they knew nothing about! Also , when looking at any property make sure you have a updated copy of the HOA rules. (Home Owners Association)
Extremely helpful info. Thanks!
Wow, thanks so very much tons of gems best hands down, I'll watch this a million times!!!
Great video! I received clear to close over a week ago supposed to close on the 16th now scheduled for the 23rd . Title agency is being difficult! This whole process has been stressful and the closer to the finish line the more stressful things get. This is my first and last house I will never put myself through this again
Very good explanation
For example I am buying a house I did everything paperwork finish now isn't house but people living in it who's responsible to tell them to move out the seller or the buyer
I just received a job offer from a real estate firm working as a legal assistant. Thanks!
Great informative video! Thanks
We appreciate it Brandi!
Thank you for explaining this process. Very detailed and easy to follow.
Thank you, I'm glad it was helpful!
This was very helpful. Subscribed.
Thanks Jules!
Awesome, thank you
You bet!
Waiting for Clear to close! Should be closing soon *Fingers crossed* Great video BTW
Hope everything was smooth for you!
I’m closing on my first home and I’m super nervous, because I know that it’s not yet set in stone. 🤞🏾
Excellent!
Glad you liked it!
Hi Tiffany Great Video! As a Real Estate Investor who is just starting to wanting to do Wholesale Deals, do I have to Sign all that Paperwork First, before I pass it on to the Buyer, or is it only the Seller or Buyer that has to Sign all of that Paperwork? Please let Me know, or do I need a Real Estate Attorney on Closing Day or will only a Title Company be necessary to be present, along with Me, and the Cash Buyer, I assume? Get back to Me and talk to you, very soon, Tiffany! 😊👍
Now December 2023. As an HOA representative, we have a digital welcome packet that includes a cover letter, architectural policies, and payment policy. We would like this document e-signed by the buyer to acknowledge receiving. How do you see this being included in a closing?
Question, if you are granted credit for repairs ,can you use that money towards the down payment? I’m talking about a down payment from a government loan.
reason i search was i am going to buy house soon, my question is how to pay, Realy State Attorney hourly or fix rate i am from taxes, thanks for you're information
I was supposed to close on the 19th of May. We still have not closed. They're saying there is an heir who refuses to sign. They are really putting us through it. What do I do???
Not clear in details. At what point buyer/escrow is going to pay...before sign the deed??..before sign the title ???
Can ask u a question about Someone in Mexico buying my timeshare property & they had a local real estate attorney where I live get in contact with me to sign some papers …
Hi. What's the fastest you ever closed on vacant land/lot?
How about when they add an amendment to the contract (and incorrectly label it 'addendum') which AMENDS the due diligence terms, and sends them to an escrow agent under THEIR terms... Seems shady to me... Should someone retain a real estate attorney BEFORE even signing such an offer to purchase? It seems as if they are attempting to defeat the provisions set forth by the legislature for seller protection with such an attachment to the offer contract. What do you say?
Tiffany, if I am paying in all cash for my house what would my closing cost look like?
Do we have to pay an attorney prior to closing or are they paid after closing?
Hi, would you know if signing & notarizing a real property deed dictate the transaction date/year or does the recording date dictate in MA?
In Arizona youhaveDry Funding
When the seller Transfers the property it becomes the buyer's without recording
In Arizona youhave 60 days to record the property
As I understand from your video, there is no participation of a State in closing procedure, isn't it? I am from Ukraine, and here we have certification procedure and online State Registers, where we can get the info about owner. Do you have it in USA too? Thanks for video!
In the condo I live on the outside there are recently broken bricks. This problem needs to be fixed. No one is doing anything about it. Not the Association or the Superintendent. Does anyone have any advice for me? I do not want to move at this time. I am one of the owners. The building has more than 100 units.
Great info on closing a home for saling..
My cousin wants to know in plain words.
Is closing a probate court case for transfering their property to own for themselves called closing as well??
While going through the process of closing a probate court case.. They sent some papers like a quit claim deed, of both the deseased and themselves and thought that the court would finish their case without final fees to conclude the probate court case..
Oooo and they thought it would be over if a document called Sworn Statement to Close Unsupervised Administration,, would complete the conclusion of their probate case..
Can you explain to me so I can help them to understand, the difference between a closing of probate court case for ownership and a closing of estate to sell the property..
Thank You..
I've never sold or owned a home of my own..
To be honest I thought that this was alll the same thing. Because, you need one to do the other. Right??
We sold our home with a close date of May 14th. Then close on my new home on April 23. A little overwhelmed but a " good overwhelmed"
Congrats! Hopefully, everything will be nice and smooth.
Do they have to verify funding prior to closing or can you just pay at closing time?
The lender will have verified funds from the beginning of the process...typically with some sort of pre qualification letter ever before you submit an offer to purchase a property.
I'm paying cash and moving from Henderson to Buncomb county. Besides not having a mortgage is there any other advantage that you can think of? Thanks!
You will have a lot less papers to sign!
Does seller attorney have the right to ask for copy of drivers license? And why?
Any Title companies or Attorneys here that can close on Subject to and lease option investment properties? We provide and place Sublease Tenants in the properties. I have all the Documentation, Properties all in Trust also.
Do You get your earnest money back at day of closing??
You never get the earnest money back if the property is closed. It is applied to the transaction as part of the down payment.
@@TheRealEstateLawyer I'm the seller, if we don't close by the closing date listed on the contract, do I get the earnest money?
How far in advance would we have the exact closing cost fee?
Typically a day or two to have exact numbers but it still can change right up to the closing so we always recommend bringing a checkbook just in case.
With a married couple, are both wife and husband names on the title? Can most loans be paid off in advance, for example if the owners suddenly inherit cash?
NOOO your watch is on the wrong wrist LOL
I would rather know all these informations before making an offer.
If you all haven't seen a documentary called.. it's worse than you think... By revelations of Jesus Christ ministries... I suggest you do.... All praise and glory to the most high Jesus Christ