Title/Escrow
What is title insurance?
With regard to real estate, there are two types of title insurance, Owner’s Title insurance and Lender’s Title Insurance.
What is an Escrow Hold Back?
If the mortgage lender allows for it, using an escrow hold back can potentially save a transaction in the event that repairs are needed on the subject property.
How do property taxes work?
Whether you’re planning on purchasing, refinancing or selling your property it’s very important to understand how property taxes are structured.
Getting Rid of Mortgage Insurance…
For most homeowners who have a mortgage, there is a fee that they must pay with their mortgage payment, which insures not them but the lender against any loss resulting from a foreclosure or short sale. This fee is mortgage insurance.