How to Read a Closing Disclosure Before You Sign
Posted by Rozi Dover on
If you are buying or selling a home in Auburn or Opelika, the closing disclosure is one of the most important documents you will review.
It is also one of the most misunderstood.
Closing day moves quickly, and many people see this document for the first time at the table. That is a mistake.
I’m Rozi Dover with HomeLink Realty, and I help clients understand every step of the process, especially the final one. Reviewing your numbers before closing is one of the simplest ways to protect yourself.
What Is a Settlement Statement or Closing Disclosure?
A closing disclosure is a five-page document that outlines the final terms of your loan and all costs associated with your transaction.
It shows:
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Your loan details
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Your monthly…
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