g5000
Diamond Member
- Nov 26, 2011
- 138,904
- 92,854
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.That's just a lie, I've had mortgages is 4 States and the paperwork was never more than a bit over an inch, if that.
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I have a 30,000 square foot apartment in Trump Tower to sell you. Cheap!
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Part of the problem with home closing paperwork is that there is so much of it. A study by VirPack found that almost 60 percent of all loan files contained between 501 to 2,000 pages of material. Closing paperwork is less extensive, but there’s still a lot of it.
Home closing: What you need to read, what you can skim | Mortgage Rates, Mortgage News and Strategy : The Mortgage Reports
Cash to close: Plan on bringing a cashier's check or certified check. or arrange to wire the funds from your bank. You'll need your down payment and closing costs, less earnest money and lender and/or seller credits.
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Now tell me the average person doesn't overlook a mistake in 2,000 pages of paperwork.
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