Settlement


What is Settlement?

The act of conducting and closing a real estate transaction. It is the exchange of funds and documents required to complete the sale of a property. It is usually held on an agreed date called the closing date. The property is paid for by singularly or in a combination of a buyers down payment and proceeds from a mortgage loan. See closing.

FREE Listing Alerts

Sign up today - it's FREE

Foreclosure Deals

Privacy Policy   |   Terms and Conditions of Service   |   © Foreclosure.com / ForeclosureFreeSearch, Inc 1999-2021. All Rights Reserved.