Helena Talbot's blog - The Top 5 Most Common Closing Questions

The Closing, this can be very intimidating for many people.  However, there will be many professionals with you to help you through it and to answer all of your questions.  Here are just a few of the most commonly asked questions about the closing process.

1.  What Is Title Insurance And Do I Really Need It?  It is definitely in your best interest to have title insurance.  Title insurance will help resolve any issues on the title of the property.   This will also help to prevent problems down the road.

2.  How Long Does It Take To Close On A House?  Generally speaking and I say generally because there are many determining factors when it comes to closing on a home, the title work can be obtained within 48 hours or less.  If there are no issues with the title work such as open liens etc., and you have your financing in place it is possible that you could close within a week.  Please let me stress to you that it could very easily take longer.  Every case is different, but if everything falls into place perfectly then it can be done in one week.   The closing itself - to explain and sign all of the paperwork will take an hour or so.

3.  Can I Read All Of The Closing Documents Prior To The Closing?  The lender is the one that has all of the necessary documentation.  The lenders are usually pretty good about getting the closing packet out sooner than the closing date if the buyer has requested in advance the desire to review them before closing.  Sometimes you may have to ask several times but just keep following up until you get that commitment.

4.  Can I Have A Closing Attorney Sign The Documents For Me?  Well, this really is an improper practice for a closing attorney.  If you cannot be present at the closing you should get a power of attorney for a friend or family member or some other third party to sign on your behalf.

5.  What If I Don't Bring Enough Money To The Closing?  You should really confirm ahead of time the exact amount you will need to bring to the closing and determine what forms of payment they will accept.  Not having the money to close could seriously jeopardize your deal.

Have your real estate agent go over everything with you prior to your closing and don't hesitate to call and ask as many questions as needed to make sure you fully understand all of your obligations.  Your agent will be more than happy to help you through the entire process so use their experience as your guide.

I specialize in helping buyers and sellers invest in real estate in Loudoun County and Northern Virginia. 

I have over 25 years experience in the real estate industry.  As a Broker/Owner with Exit Realty Talbot and Company, I bring special tools and solutions that enable me to exceed the expectations of my clientele.  If you are considering listing your property in Loudoun County or the nearby areas, ask me about our latest internet marketing systems.  I would appreciate the opportunity to earn your business.  I am experienced in listing and selling short sales.  For information on the short sale process, please visit  www.LoudounShortSaleSolutions.com.

For a free market analysis on the value of your home, please visit http://www.LoudounHomeValues.com

My past awards and designations include – 2003 President of the Dulles Association of Realtors, 2003 Dulles Area Assoc Realtor of the Year, Salesperson of the year 2000 Dulles Area Assoc of Realtors,  Top Producer awards from both the Dulles Area Association and the Northern Virginia Association of Realtors.  I am a member of the Top 5 in Real Estate Network.

I have lived in Loudoun County since 1979.  I am married with two grown children and two grandchildren.  My son in law is my business partner in real estate.  I love to jog in the mornings and spend time relaxing on my Trawler during the summer months.

Loudoun County and Northern Virginia Real Estate Sales and Solutions – Helena Talbot, Broker. I specialize in helping buyers and sellers invest in real estate in the Northern Virginia area to include Loudoun County and surrounding areas including Fairfax, Clarke, Fauquier, Prince William  Counties.  Our local neighborhoods include Leesburg, Ashburn, Sterling, Potomac Falls, Brambleton, Broadlands, Lansdowne, River Creek, Belmont Country Club, Beacon Hill, Shenstone, Waterford, Lovettsville, Purcellville, Hamilton, Round Hill and Bluemont.                        Cell 703.727.9885    Office 703.574.3800

Free iPhone/Android Mobile App to search Northern Virginia real estate.  2 easy ways to get the App:  Text “Exit9” to 87778 or enter http://87778.mobi/Exit9 into your browser.