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Tanzir Ahmed Tanzir Ahmed

What is COE (Close of Escrow) in real estate- Understanding The Importance of COE

What is COE (Close of Escrow) in real estate- Understanding The Importance of COE

In real estate, the term "Close of Escrow" typically means "COE." It describes the day that the buyer and seller officially become the property's owners after completing all necessary paperwork for the purchase. In this cycle, cash is traded, contracts are marked, and the exchange is enlisted with important government organizations. The COE date is significant because it indicates the completion of the transaction. When the buyer takes ownership of the property.

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