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Settlement is the process of completing a loan transaction at which time the mortgage documents are signed and then recorded, funds are disbursed, and the property is transferred to the buyer (if applicable). Also called closing or escrow in different jurisdictions. See also “Closing”
This is a blog post for Real Estate Professionals, Investors, Landlord, Property Manager, and Property Management Companies. Settlement is brought to you by SimplifyEm Pay Rent Online and Property Management SoftwareYou might also want to read:
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