Prepare to close
Fictional practice: Check that the money adds up and fix last-minute problems.
- Simple closing statement: $65,000 down + $8,000 closing costs you pay as the buyer.
- The $5,000 deposit you already paid is credited once. This made-up statement has no other credits or fees already paid.
- The $22,000 for repairs and $15,000 in savings stay outside the closing.
Confirm the local steps for closing, recording, getting the keys and paying. Fix any mismatch before you sign or send money.
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