Well, closing is taking a lot longer than you thought due to the volume of documents required by the lender, real estate law and government regulations. Your spouse is concerned about the entire process and asks you the following questions:

1. What are the steps in the closing process and how do TRID, TILA and RESPA impact the process?
2. What are the different types of deeds? What deed do you recommend as the most appropriate for this transaction?
3. Why do both the seller and buyer need to pay for separate title policies?
4. Describe the different calculation methods available to be used in the proration of real estate taxes and which one would you recommend.
5. Your spouse wants to make sure that upon the death of either spouse the property will go to the surviving spouse and asks you if a will is required or some other method to accomplish this objective.