Real estate â?? assignment 1 Choose four terms or concepts that might be used during a Real Estate c

Real estate – assignment 1

Choose four terms or concepts that might be used during a Real Estate closing

5-6 page paper

Write a formal APA formatted research paperexplaining all of these:

1 the meaning of each term,

2 why it is important,

3 to whom it is important (buyer, seller, real estate agent, closing agent, or lender)

4 List any important issues andconcerns or advantages and disadvantages

The Real Estate terms used should illustrate the field’s current terminology

Some examples of such terms include HUD-1, escrow closing, deed, note, mortgage, marketable title, title search, binder, deed of trust, warranty or other deeds, closing costs, prorated prepaid expenses, transfer tax, etc

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