mortgage application

9 Closing Steps in a New Home

9 Closing Steps in a New Home

You have made an offer for a home and the seller has accepted it. Now what? Next, you close in your new home. But this part of the home buying process can be a source of major¬†headaches for many buyers. It is a complex process that involves a series of steps before the triumphant moment when you receive the keys to your new¬†place. Let's take a look at the main steps involved in the closing process, also known as "custody" or "liquidation," depending on your location, so that when you get to that important moment, you'll be prepared. If you're…
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2021 Massachusetts Closing Cost Guide

2021 Massachusetts Closing Cost Guide

Massachusetts comes steeped in American history and packed with New England charm, so it's easy to see why people want to buy a home here. Are you a home buyer about to close your deal in the Bay State? While you may have gotten a competitive interest rate for a mortgage and saved for the down payment, there's another major hurdle you'll need to overcome: paying closing costs. Closing costs encompass all administrative and legal services you will need to pay for before you receive the keys to your new home. You pay these costs in a lump sum on…
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