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Updated almost 14 years ago,
What are the distinctions between closing terms?
Hi,
I've heard a lot of closing terms that are quite confusing to distinguish.
For example, simultaneous closing, back-to-back closing, double closing (I think it's doing 2 separate closing, one between AB, and another between BC, and use transactional fundings, right?).
I don't really know exactly what they mean, please help?
Thanks in advance!