Today I'm wrapping up refinancing for my Florida house. I've done lots of closings in person, a few mail closings and today is my first online closing. You can laugh but I'm actually excited. As I review and sign-off on each document, it's the perfect time to document the title and purpose. This will help prepare you for your closing. It's important because the mortgage closing paperwork can be 100 pages or more. Most home buyers never read anything except the numbers … but I do, and so should you!
Lots of the paperwork is administrative gobbledygook, really. It feels like every time there's a legal issue, they add another piece of paper to the package. The craziest one I can recall [Save More…]