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everyone Dave Hathaway Hathaway Property Management I have 15 years experience in real estate and an owner and operator of a 50 unit portfolio that we self-manage this channel was designed to educate others on real estate investing and wealth and today I want to discuss understanding title settlement and closing and how it relates to real estate its often seems like its way more complicated than it is were going to break it down in a simple visual form for you so you can understand it so theres going to be a seller and a buyer the seller controls the property and that property has a title and or deed were going to consider them kind of the same thing even though theyre slightly different and the buyer has the money so in order for the buyer and the seller to come to agreement they sign whats called a contract in real estate and thats just going to State out to the terms of the deal like how much they are willing to purchase a property for so once they sign that contract then en