Mortgage, Resale & Closing Document Services AMG offers services to assist with resales and documentation required by some attorneys or lenders. We’re here to assist professionals representing buyers or mortgage companies requiring essential real estate data and documentation for Association real estate transactions.
The Mortgage Closing Process. With the loan approved, cashier’s check cut, and the house in ready-to-move-in condition you’re ready to close. This final step in the mortgage process is known as Closing, or Settlement. This step is a one-time meeting where you, your real estate agent, the previous owner, their agent, and an escrow agent will.
By signing this document, you are giving the lender the right to take back the property should you fail to repay your loan as agreed. If the borrower defaults on the loan, the property can be sold to pay off the mortgage debt. It also states you must keep the house in good repair and maintain insurance on the property.
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