After the negotiating is over, and after an offer has been made and accepted, comes the closing process. First, what is the closing process? Essentially, it involves everything that’s needed to make the home sale and home purchase complete, legal, and finalized. It’s also referred to as settlement or escrow, and is highly automated and computerized. Although nearly pro forma (“done as a matter of form” or “standard”), the closing process is meant to bring all the parties involved to the same platform. Before the process of closing can begin, the buyer must inspect the property personally. Why? You have to check to make sure that absolutely
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