{"id":68,"date":"2014-01-13T21:46:46","date_gmt":"2014-01-13T21:46:46","guid":{"rendered":"http:\/\/fastforwardstories.com\/?p=120"},"modified":"2014-01-13T21:46:46","modified_gmt":"2014-01-13T21:46:46","slug":"what-can-i-expect-to-happen-on-closing-day","status":"publish","type":"post","link":"https:\/\/cloud.titletapsites.com\/brokerstitlecfl\/2014\/01\/13\/what-can-i-expect-to-happen-on-closing-day\/","title":{"rendered":"What Can I Expect To Happen On Closing Day?"},"content":{"rendered":"<p><script src=\"https:\/\/fast.wistia.com\/assets\/external\/E-v1.js\" async><\/script><\/p>\n<div class=\"wistia_responsive_padding\" style=\"padding:56.25% 0 0 0;position:relative;\">\n<div class=\"wistia_responsive_wrapper\" style=\"height:100%;left:0;position:absolute;top:0;width:100%;\">\n<div class=\"wistia_embed wistia_async_9xaedhe42h dnt=1 videoFoam=true\" style=\"height:100%;position:relative;width:100%\">\n<div class=\"wistia_swatch\" style=\"height:100%;left:0;opacity:0;overflow:hidden;position:absolute;top:0;transition:opacity 200ms;width:100%;\"><img decoding=\"async\" src=\"https:\/\/fast.wistia.com\/embed\/medias\/9xaedhe42h\/swatch\" style=\"filter:blur(5px);height:100%;object-fit:contain;width:100%;\" alt=\"\" aria-hidden=\"true\" onload=\"this.parentNode.style.opacity=1;\" \/><\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>While this video simplifies things to help you remember: you&#8217;ll present your paid homeowner&#8217;s insurance policy or a binder and receipt showing that the premium has been paid. The closing agent will then list the money you owe the seller remainder of down payment, prepaid taxes, and so on. and then the money the seller owes you unpaid taxes and prepaid rent, if applicable.<\/p>\n<p>The seller will provide proofs of any inspection, warranties, and so on. Once you&#8217;re sure you understand all the documentation you&#8217;ll sign the mortgage, agreeing that if you don&#8217;t make payments the lender is entitled to sell your property and apply the sale price against the amount you owe plus expenses.<\/p>\n<p>You&#8217;ll also sign a mortgage note, promising to repay the loan. The seller will give you the title to the house in the form of a signed deed. You&#8217;ll pay the lender&#8217;s agent all closing costs and, in turn, he or she will provide you with a settlement statement of all the items for which you have paid.<\/p>\n<p>The deed and mortgage will then be recorded in the state Registry of Deeds and you will be a homeowner.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>While this video simplifies things to help you remember: you&#8217;ll present your paid homeowner&#8217;s insurance policy or a binder and receipt showing that the premium has been paid. The closing agent will then list the money you owe the seller remainder of down payment, prepaid taxes, and so on. and then the money the seller [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-68","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>What Can I Expect To Happen On Closing Day? - Maitland, FL Title Company | Brokers Title of Central Florida, LLC<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cloud.titletapsites.com\/brokerstitlecfl\/2014\/01\/13\/what-can-i-expect-to-happen-on-closing-day\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What Can I Expect To Happen On Closing Day? - Maitland, FL Title Company | Brokers Title of Central Florida, LLC\" \/>\n<meta property=\"og:description\" content=\"While this video simplifies things to help you remember: you&#8217;ll present your paid homeowner&#8217;s insurance policy or a binder and receipt showing that the premium has been paid. 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