The Synthesis of "closing disclosure"

Understand the Closing Disclosure, a crucial five-page document you receive before your home purchase closes. Learn what it includes and why it matters.

Closing on a home? Learn about the Settlement Statement, the document detailing all costs and credits for buyers and sellers in a transaction.

Understand the essential fees due when buying a home. Learn what closing costs cover and how to budget for this significant home-buying expense.

Discover the HUD-1 Settlement Statement. Learn what this real estate closing form is, why it's still relevant, and how it details transaction costs.

Discover what proration means in real estate. Learn how expenses like property taxes and HOA fees are fairly divided between buyer and seller at closing.

Understand recording fees, the essential government charges that make your property transaction an official public record. A key closing cost.

Understand the federal Lead-Based Paint Disclosure rule for homes built before 1978. Learn your rights and obligations as a buyer, seller, or renter.

Discover what title insurance is, why it's crucial when buying a home, and how it protects your property ownership rights from hidden claims.

Discover the role of an escrow agent, a neutral third party that holds funds and documents securely during real estate transactions until all conditions are met.

Discover what a clear title is and why it's essential for any real estate transaction. It's your proof of ownership, free from any claims or liens.