Question

The closing of a real estate transaction generally involves two closings. One is the closing of the real estate sale in which the deed is delivered in exchange for the purchase price. The other is the closing of the

Answer 1

Answer:

Buyer's loan and the disbursement of the mortgage funds in exchange for the note and mortgage

Explanation:

The closing of a real estate transaction involves two closings. The parties to the contract are represented by atorrneys, and the deed is legally delivered to the buying party and the consideration to seller, along with the closing of the buyer's loan and this closing of buyer's loan involes the disbursement of mortgage funds for financing note and mortgage.