What Is Closing?
Sat Mar 30, 2019 on Blog
Video: What Is Closing?
FAQ’s With Roy Oppenheim
Full Transcript: One of the questions that people frequently ask is, what is a closing? And it’s funny, until I became a lawyer, I myself did not really know what a closing was, because I’d never attended a closing. My parents had never owned real estate when I was a kid. So, a closing is where people come together and actually transfer the title, transfer the funds. It’s really also what’s called a settlement.
And it’s where people get together and they settle up on all the issues on the funds, the transfer of the real estate, on the issuance of the title insurance policy. And when it’s all said and done, you have a new owner, a seller who’s received payment, and everyone’s happy and walks away. And there are no loose ends, and so everything is settled and everything is closed.
That’s why it’s called the closing.
Who Title Companies Serve
Escrow Services Of Title Companies
Weston Title & Escrow | Attorney Owned And Operated Title Company
2500 Weston Rd #404
Fort Lauderdale, FL 33331
Weston Title & Escrow is a trusted South Florida title company, serving Broward, Miami-Dade and Palm Beach Counties as well as the entire State of Florida since 1994.
Owned and operated by attorneys Roy Oppenheim and Ellen Pilelsky, the founding partners of Oppenheim Law, Weston Title provides highly personalized services in the areas of real estate closings, title insurance, title searches and escrow services.