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Updated almost 14 years ago, 02/09/2011

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11
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0
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Cecelia A
  • New York
0
Votes |
11
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What are the distinctions between closing terms?

Cecelia A
  • New York
Posted

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!

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