Real Estate Practice Skills: Mortgages and Closings

Real estate attorneys must understand the many steps and legal forms that go into real estate purchases and closings. In this informative course, Ms. Bloomberg goes over the essential details of mortgage and closing documents. She begins the course by going through settlement statements and closing disclosures. The mortgage document, commitment letter, compliance agreement, initial escrow account disclosure statement, first payment letter, and additional mortgage documents are explained in this course, including but not limited to lenders and borrowers' obligations. Ms. Bloomberg concludes this course by providing examples of specific forms and how they should be executed.