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What documents will be signed at closing?

April 26, 2017closing documents signed

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What documents will be signed at closing?

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You will sign a settlement statement, note and mortgage. The settlement statement shows everyone where the funds from the transaction are going. The note and mortgage create an obligation to repay the lender the money borrowed and create a lien against the property to secure the debt. Many other documents are required by various lenders and the federal government, however these are the basic requirements of virtually every real estate transaction.