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Funding

Once both sides have signed the lender will check signatures before issuing funding approval.  The wire of funds from the lender might be released at that time.  Or the wire might be at the title company before we close.
When everything is signed, lender has approved funding, and all funds are in possession of the title company, they will press "send"!  
This is when the transaction is considered "funded" and ownership changes.  The new owner gets keys and the right to occupy (unless there is a lease-back).
The word Funded is the call for full-blown celebration!
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John
Stapleton
512-219-Sold
Broker
Owner
Founder
Focus Realty™

Texas Information About Brokerage Services
  • home
  • This Week's New Listing
  • 507 Riverwood
  • Austin Realty Blog
  • Reviews
  • 700 Los Robles
  • Full Move
  • Come Sell Our House
  • Buy before Selling
  • Help Us Buy a Home
  • New Clients Please Watch
  • Steps in Selling a Home
  • Steps in Buying a Home
  • Sold in Mason Ranch
  • Sold in Summerlyn
  • Oak Knoll 2.6 Acres
  • 12200 Montana Springs
  • Sold in Forest Oaks
  • Sold on Legend Hills
  • SOLD on Paint Brush Trail
  • SOLD on Cedarcliffe
  • SOLD on Pomegranate Pass
  • SOLD Lime Creek Land
  • Call Back Schedule
  • Recently Bought & Sold
  • Texas Real Estate Commission Information About Brokerage Services
  • Real Estate Marketing Photos
  • Travel Blog
  • Cabinet Painting
  • Milburn Park
  • Lakeline Metro Rail
  • Hill Country
  • Selling Process Overview
  • Contract Class
  • Big Bend Adventure
  • Lake Cedar Park
  • Search
  • Make Ready Consultation
  • Safety During Showings
  • Vendor Recommendations
  • Working By Referral
  • Mortgage Pre-Approval Process
  • Live MLS Search
  • Cancel Insurance
  • Make an Offer
  • Mulitple Offers
  • Counter Offers and Negotiation
  • Contract on a Home!
  • 80
  • Negotiate Concessions
  • Pending Without Option