Once your offer on a new home or property is accepted by the seller, your transaction is placed into escrow...but what exactly does that mean?
What is an escrow holdback and how do they work? Escrow holdbacks are common in real estate transactions to ensure work or agreements are completed.
Where does your money go when it’s “in escrow?” Who’s in charge of it? Does it mean you’re in trouble? It sounds like you’re in trouble. The money still exists, right?
The practice of software escrow consists of the deposit of the source code of an application with a third party, indicated as the escrow agent. Software es
What is an escrow account and should you have one for your new mortgage? Sometimes called an “impound account,” an escrow account is a trust account held by your mortgage lender to coll
Whether you are purchasing a new home or you are considering applying to refinance your home, chances are the lender will require an escrow account.
The USDA Repair Escrow Loan can Help You Close Many home buyers find their dream home, but then hit a brick wall in the loan approval process: the appraiser says it does not meet USDA loan guidelines. The home of their dreams requires minor repairs to be completed or they will not be able to …
I find that most non-real estate folks have no clue what the word “escrow” means. To illustrate their confusion, there’s a funny scene from the show “Portlandia” that hilariously exaggerates how confusing it is. You’ll probably get a kick out of this. Enjoy.
If you own a home and pay a mortgage, you probably have your escrows included in your payment. Typically, its either property taxes, homeowner’s insurance or both included in your
Learn how to use an escrow account to make your home buying process easier.
As a leader in the title industry, there are a few things we know for sure: buying a home is both exciting and overwhelming. Let’s take a minute to walk through the home buying process, specificall…
When you purchase a new home, escrow is a word that you will hear numerous times from different parties. There are several types of escrow accounts that will be established, and you may be wondering where your money will go when placed in an escrow account or how it is applied to your transaction
How Smart and Solid are your Escrows Client Expectation Interview •Sets the overall Tone of the entire transaction •Getting a loan •Appraisals / Sales Price ...
This infographic is all about what to check on a final walk-through before the house closes on escrow. Don't miss something important!