Explore what a dry closing entails, how it differs from a wet closing, and the reasons it occurs in real estate transactions.

This article explores how digital closing technology accelerates mortgage timelines, reduces errors, and delivers a superior ...

Let’s admit it. The closing process, that time between underwriting approval and the actual closing, is the mortgage industry’s not-so-secret Achilles’ heel. That’s not a knock on the good ...

As in other deals and business transactions, in real estate, the closing process is when a sale becomes final and legally binding, and a property transfers from the previous owner to the new one.

The time between when you go into contract on a house and move in is busy. An essential element of the contract not falling through is an on-time closing. Understanding the homebuying process and what ...

Between applying for a mortgage and closing on your house, aim to keep your personal finances and employment status as steady as possible, and avoid making any major purchases. Expect your lender to ...

Financial records don’t just “end” when the fiscal year does. Companies often have a variety of accounts still open and active. To “close the books” on the period and establish the baseline for the ...

So, you’ve completed the letter of intent (LOI) stage of trying to sell your business. You and the buyer have reached an agreement on the primary terms of the transaction, signed a non-binding ...

David McMillin writes about credit cards, mortgages, banking, taxes and travel. Based in Chicago, he writes with one objective in mind: Help readers figure out how to save more and stress less. He is ...