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Closing Documents for Home in Iowa Form

Closing Documents for Home in Iowa Form

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so what are the three most important documents that you should pay attention to in any real estate closing well folks i i usually will talk about what i call what i phrase as the big three the first is your closing disclosure statement so now a closing disclosure statement will be the name of a document that you'll have in a residential setting in a commercial or a private setting you'll have what's called a settlement statement both documents basically do the same thing they're like an accountant spreadsheet and what they basically do is net the credits to debits to give the buyer a final number at the end so that the buyer only needs to bring one check to closing or produce one wire for the closing attorney and those funds usually are certified so on to a closing disclosure this document typically that there's three main pages to it the first one is the most important and that's going to specify what your loan amount is what your intere

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