Answer:
The closing process is:
- Apply for mortgage
- purchase homeowners insurance
- do final walk through
- sign closing documents
Step-by-step explanation:
There are actually other process that come in between this process listed but these are the major processes
Apply for mortgage: you need to secure your mortgage with a company that helps you organize the whole process ensuring a good agreement is reached between buyer and seller and all the conditions are met and to get you the needed finance
purchase homeowners insurance: Insurance is a very crucial part of the process because it is needed as part of the closing documents so need to purchase the previous owners Insurance.
Do final walk through: you have to go verify and check the property physically once more
sign closing documents : This is the final stage after signing your keys will be given to you as the new owner