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When's the Best Time to Close on a Mortgage? – SmartAsset – When you close on a mortgage, you’re required to pay for any interest that accrues between the closing date and the end of the month. If you’re closing on the last day of the month, you’re not going to get hit with a big interest bill. But if you close near the beginning of the month, you’ll have to pay more in interest.
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What is the best time to close on a Mortgage? | Yahoo Answers – The best time to close is probably the 3rd week of the month, because you will have to have pre-paid interest so it is better to only have to pay one week, if you try to close on the first it still will take a couple of days for everything to be settled, especially if it is a Friday, the escrow would not be recorded until Monday.
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When Is The Best Time To Close? – B2B Skills Training – When Is The Best Time To Close? When is the best time to schedule a real estate closing? The settlement of a home sale often is scheduled at the end of the month. Why? Quite simply, many buyers insist on this target because they feel they are saving money by cutting back the number of ownership.
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