Closing – Real Estate Right Now

Part 2 – What You Should Know at Closing About the Home Disclosure Statement

February 29, 2024 jayizso Closing, Closing Disclosure, Podcast

When you get ready to close on your home, you will be presented with the Home Disclosure Statement. It is going to have a bunch of dollar figures on it, and many of them are not going to make sense. In fact, you may ask, “What am I paying all this for?” And those are great questions. You may also ask, “Why is there an Escrow account?”, “How much is lender making on the load?”, “What do you mean I have to pay taxes before they are due?” and probably many more. When you purchase a home, the home closing disclosure can look very confusing not to mention intimidating. On[…]

What You Should Know About the Closing Disclosure – Part 1

February 23, 2024 jayizso Closing, Closing Disclosure, Podcast

Well, it’s almost here. You have negotiated that house that you always wanted, you have done the inspections. You have negotiated the inspections. And now you are getting ready for closing… But wait! What is this document that has all these numbers and figures on it. They used to call it a HUD? You don’t understand. And what do all these numbers mean. There is some terms and terminology that doesn’t make sense. And why is this money going to these certain line items? It’s all so confusing. In the next two episodes of Real Estate Right Now Senior Mortgage Loan Officer with Townebank Chris Coy helps us understand the[…]