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Do all closings occur at a formal closing meeting?
Depending on your area of the country, the closing may be a formal meeting at an attorney's office, escrow or title company, with all parties attending or it may be an informal signing of papers at an escrow or title company. In some areas, escrow agents process all the paperwork and arrange for all the documents to be signed, often by the buyer and the seller separately. The escrow agent then disburses the required funds to the seller.
Copyright © 2009 Sandy Gadow. This article may not be resold, reprinted, resyndicated or redistributed without the written permission from Escrow Publishing Company.
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