CHAPTER 18 Once You’ve Sold Your Home
STEP 7: THE CLOSING
You should arrive at the closing at least 10 minutes before the scheduled time. Most title companies allow an hour for each closing, and they try to keep to their schedule. A cash sale closing usually only takes 10–15 minutes, whereas a closing with a new loan usually takes about 45 minutes. If there are problems or paper mistakes, it can take longer. The closing agent will collect and disperse all money. You should receive a check at the end of the closing for your net proceeds. In rare cases, it may be several hours later before the
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