|
|
Your Real Estate Closing Explained Simply: What Smart Buyers & Sellers Need to Know
|
List Price:
$24.95
Pay Mortgages Price:
$18.96
Your Savings: $ 5.99 ( 24% )
Subject To Change Without Notice
Availability: Usually ships in 24 hours
Manufacturer: Atlantic Publishing Company (FL)
|
Average Customer Rating: 
|
|
Binding: Paperback
Dewey Decimal Number: 346.7304373
EAN: 9781601380326
ISBN: 1601380321
Label: Atlantic Publishing Company (FL)
Manufacturer: Atlantic Publishing Company (FL)
Number Of Items: 1
Number Of Pages: 288
Publication Date: 2007-07-30
Publisher: Atlantic Publishing Company (FL)
Studio: Atlantic Publishing Company (FL)
|
|
|
|
|
|
Editorial Reviews:
|
Congratulations! You have entered into a contract to buy your first home, investment property, or that special vacation getaway place. The closing date is set, but now what do you do? This new book is a complete and thorough explanation of the real estate closing process and escrow. (Escrow is a neutral third party that follows the instructions from buyer and seller of the property. It makes sure that the required funds are in the escrow account before the deed to the home is recorded in the buyer s name.) Written in everyday, easy-to-understand English this book will help you save time and money as well as guide you around pitfalls. Some of the subjects covered are the contract, mortgages, your closing agent, title commitment, survey, deed, bill of sale, affidavit of title, leases, assignment of leases, assignment of contracts, estoppels letters, utility letters, payoff letter for mortgage, condo letter, right of first refusal, assessments, utility bill, certificate of insurance, closing statement, power of attorney, grantor/grantee affidavit, transfer tax declaration, zoning certificate, affidavit of heirship, death certificate, commission statement, personal information affidavit, joint tenancy affidavit, ALTA statement, photo ID, keys, termite inspection, general inspection, mortgage contingency, attorney approval contingency, lead paint disclosure, RIPTA disclosure, environmental issues, soil test, structural tests, utility readings and name changes, tax bill, Real Estate Settlement Procedures Act (RESPA), seller identification, trustees, trustee s deed, trustee s ALTA, trustee s pay proceeds letter, mortgage options, note, mortgage disclosures, title, leases, estoppels letters, and buyer's insurance and certificate. The book includes numerous forms and easy-to-use checklists as well as information particular to each state.
|
|
|
Spotlight customer reviews:
|
Customer Rating:
Summary: Explained Simply
Comment: Purchasing or selling a house ranks among the most stressful events in life, in no small part due to the legal complexity of the closing itself. It is never a stress-free process, and participants are well advised to read as much as possible before agreeing to terms and concluding the sale. Once the closing is finished, there's no turning back. A little bit of knowledge can save thousands of dollars and avoid weeks -- or longer -- of sleepless nights.
This book provides a lucid, readable and highly practical introduction to the entire process. The book covers the pros and cons of using attorneys; offers useful tips on finding the best real estate agent for the sale; and in clear language explains the avalanche of legal terms that can overwhelm even the most educated buyers and sellers. The book is loaded with charts and to-do lists (e.g., examples of home inspection forms, checklists for moving day, etc.) that make it a useful resource in many ways.
If my wife and I had used a book like this when we bought our home five years ago, we'd have been able to negotiate conditions that would have saved us at least $4500. Fortunately, we won't be so ill-informed next time.
Customer Rating:
Summary: Easy ways to impact the bottom line when buying or selling a home!
Comment: Closing on a home is one of those dreaded but unavoidable life events. Like death and taxes, we all yet sooner or later. Michelle Blain has done a superb job of dissecting a very complex and tedious subject. She even managed to make the reading interesting and enjoyable.
This book is much more than your typical "how to" book. It is truly a comprehensive guide that can help you survive the buying or selling (and closing) of your home. You may even profit if you take this advice to heart and structure the deal correctly.
I've bought and sold several times before reading this book. I got this book as I was preparing or my last move. It was my best moving experience yet and I even managed to reduce the closing costs for my new home which paid for this book many times over. What an unbeatable combination - an enjoyable read and saving money!
Customer Rating:
Summary: A Prospective Home Buyer's Dream
Comment: Where was this book when I closed on my house? This book provides excellent guidance through one of the most stressful transactions anyone will endure. Its sage advice will prove useful to home buyers and sellers alike.
More than a basic explanation of the real estate closing process, Your Real Estate Closing Explained Simply delves into the entire process of buying or selling a home from start to finish. Readers will get detailed information about deciding whether or not to use various professionals like real estate agents or attorneys, important information about the different inspections the property should undergo, guidance about financing of the home, and even helpful tips for moving day.
One would think that a book about a legal transaction would make for pretty dry reading. That's simply not true with Your Real Estate Closing Explained Simply. Speaking in terms that anyone could understand, Blain takes care to break up particularly complicated sections of the book with helpful anecdotes to illustrate that section.
Your Real Estate Closing Explained Simply took all of the mystery out of the real estate closing process. I'm certain, now, that the next time I buy or sell a home, I won't toss and turn during the night before the closing. I can sleep soundly knowing that I already know what's going to take place the next day.
Customer Rating:
Summary: Closing costs, legal processes, and options are covered
Comment: Michelle Blain's YOUR REAL ESTATE CLOSING EXPLAINED SIMPLY covers all the financial and legal concerns surrounding the closing process, the last leg of a home buying effort. Closing costs, legal processes, and options re covered through a series of checklists and charts plus online references, all of which will make the process easier, especially for beginners.
Customer Rating:
Summary: Good Resource
Comment: Your Real Estate Closing Explained Simply is an extremely useful step-by-step guide for buyers and sellers of real estate. The guide is written in an enjoyable, conversational tone with easy-to-understand explanations of unfamiliar terms that give the reader a thorough understanding of the topic. The book's layout lends itself easily to quick reference - each section clearly indicates the topic covered within it, and helpful checklists, flow charts, and worksheets can be found throughout the book. It is the resource information that makes this book such an outstanding practical guide. For example, Your Real Estate Closing Explained Simply includes the actual forms that will be presented during the process with a detailed explanation of each document. The State by State Review in Chapter 8 is one of the most valuable elements of the book, giving state-specific information on real estate laws, procedures, and customs to buyers and sellers of real estate. Your Real Estate Closing Explained Simply is a must-have resource that can help both novice and seasoned buyers and sellers secure a smooth closing experience.
|
|
|
|
|
|
|
|
