Educational Resources

What's in a Closing Disclosure and why is it important in a real estate transaction?

This video explains how fast a closing can occur and what goes into that calculation

Brief explanation of the NAR Settlement, how the changes are being implemented and what the future holds for commissions

A brief explanation of the closing attorney's role in your real estate transaction.

HOA and PUD dues are structured into the closing and prorated between the parties to be fair. Sometimes, a HOA or PUD will assess a "transfer fee", which is usually paid for by the buyer.

Property taxes due or paid are prorated fairly between the parties, based on the closing day, since it would be unfair for either party to shoulder then entire year's taxes.

How are HOA fees and assessments handled as part of closing?

1. General Warranty Deed 2. Non-Warranty Deed 3. Quitclaim Deed