Saturday, July 31st, 2010

Is closing the same time I sign my paperwork?

0

No.

In Washington State, closings are not simultaneous as is the custom in a few other States. Closing often takes place several days after signing your documents. Once your paperwork is signed, escrow sends your loan documents back to your lender (sometimes across the country) via overnight air by UPS. THIS IS DONE PRIOR TO THE CLOSING DATE for lender final review and funding.

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