BUYER / SELLER RESOURCES
LOOKING FOR A LENDER
What exactly is ‘escrow’? We hear this word commonly in the real estate industry, especially at the title company. It makes sense to begin our discussion at the time before the closing; this period before the home sale is finalized.
What is a refinance? Why do we need Title Insurance? Even on an initial home purchase, title insurance is something that could save you from unforeseen circumstances!
Tax and insurance escrows are not the most exciting parts of purchasing a new home…because of this, many loan officers don’t take the time to educate their home buyers on how these accounts affect their monthly payments.
Even experienced homebuyers can face challenges in the final stages of a real estate closing–one of the most common issues they face is deciding how to take the title…