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: Ford 600 Series - by Staff. The Ford 600 Series tractors bean production in 1954, and continued until 1957. Quite similar to the Ford NAA (Golden Jubilee) in design, it used the same 132 cubic inch Red Tiger engine with 31 horsepower. Several different models were made in the 600 Series, and these numbers were used to denote whether they used a particular transmission, hydraulic system, or PTO. The result was five different model numbers: 620, 630, 640, 650 and 660. These break down as follows:
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