Seems to be some confusion as to what a "closing agent" is- its a fancy name for the escrow company, title company or attorney who does the papers, escrows the money from the lender, arranges for title insurance, gets everybody together to sign, records the papers, and disburses the money. True, there's no legal prohibition from doing it yourself, but it requires a lot of trust (who's going to hold the money? Can you trust him to record the documents properly and not skip town?). More trust, by the way, than any lender will ever have. If theres a lender involved, there will be a closing agent- even if its the bank. I was surprised that a couple of you said the closing took place in the bank- around here, banks won't touch a real estate closing with a 10 foot pole. They don't want the potential liability.
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Today's Featured Article - Tractor Profile: Farmall M - by Staff. H so that mountable implements were interchaneable. The Farmall M was most popular with large-acreage row-crop farmers. It was powered by either a high-compression gas engine or a distillate version with lower compression. Options included the Lift-All hydraulic system, a belt pulley, PTO, rubber tires, starter, lights and a swinging drawbar. It could be ordered in the high-crop, wide-front or tricycle configurations. The high-crop version was called a Model MV.
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