by Admin | Oct 7, 2021 | Closing Process
An earnest money deposit is the cash a buyer offers to call dibs on Real Estate. It’s one of the most important but misunderstood concepts in the home buying process. If you’re a buyer, naturally, you’ll have a few questions. When can the seller keep this deposit? How...
by Admin | Jun 30, 2021 | Closing Process
Escrow is a contractual arrangement in which an escrow Agent maintains money and documents until the deal is done and escrow is closed. This earnest money check and contract are held in what is called an escrow account. Read further to learn more about what escrow is,...
by admin | Jan 23, 2020 | Real Estate Financial Help
Escrow accounts are a tool that lenders use to hold funds for home buyers. These are separate bank accounts that are secure and house your earnest money deposit. Essentially, a third party holds something of value that will be used at a later date to fulfill an...
by admin | Jan 16, 2020 | Closing Process
The closing process is arguably the best part of the home buying experience. You have already been through the loan process, finding your dream home, making an offer, and going under contract. You are now in the home stretch! But before you call the movers, you need...
by admin | Jan 9, 2020 | Closing Process
The role of a title company is to ensure that the title to a piece of property is verified, free of any unresolved issues, and to provide title insurance for the home. This insurance protects both the lender and owner of the property against any claims or lawsuits...
