concepts that might be used during a Real Estate closing.

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Choose four terms or concepts that might be used during a Real Estate closing. Write a formal, 4-6 page APA formatted research paper explaining the meaning of each term, why it is important, to whom it is important (buyer, seller, real estate agent, closing agent, or lender). List any important issues and concerns or advantages and disadvantages. The Real Estate terms used should illustrate the field's current terminology.

Some examples of such terms include HUD-1, escrow closing, deed, note, mortgage, marketable title, title search, binder, deed of trust, warranty or other deeds, closing costs, prorated prepaid expenses, transfer tax, etc.

Three references are required. Two must be from the APUS Library (See Course Guide for help).

Style Guidelines for the paper (See Hints for help):

  • Use a header on every page, including the title page. The header should be formatted according to APA guidelines.
  • A title page with the title, author, class, class section, professor, and date should be on the title page, centered on the page. This title page does NOT count toward your 4 to 6 page requirement.
  • Margins are one inch on all sides.
  • All content is double-spaced and left-justified.
  • Indent the first line of every paragraph five spaces or use the TAB key. Do not leave extra space between paragraphs.
  • Use Times New Roman 12 point font.
  • An Executive Summary is required.
  • References page must be a separate page at the end of the paper.
  • Use APA style guidelines for the paper, including all references and other writing.

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Explanation & Answer

Attached.

Real estate
Name
Institutional affiliation

2
Real estate

Three concepts related to real estate:

Closing a real estate:

"Real estate" is the trading of "Real estate" from shipper to buyer according to the arrangements
—the buyer gets the title to the real estate and the merchant gets the money. In any case, there
are different necessities and costs associated with closing that make it more capricious than
obtaining something from a store. The two necessities and costs result from the arrangements
contract itself, from tradition and adjacent custom, and from neighborhood, state, and
government laws.
Most real estate closings use the organizations of escrow administrators, who fills in as an
outcast that both the buyer and the trader can trust and who encourages the activities amidst
buyer and merchant according to the arrangement and purchase assertion. The traverse of the
steps imperative to complete "a real estate" is known as escrow (Brueggeman, & Fisher, 2016).

Immediately, before escrow is closed, both the buyer and the seller get an end explanation from
"the escrow officer", which records the sticker price and most of the costs associated with
acquiring the property and how those expenses will be allotted between the buyer and the trader.

Also, the last closing announcement furthermore has credits and charges, which are paid out of
escrow in light of a legitimate concern...


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