Tag: Escrow

Posted on 01/08/2023
3 Quick basics of escrow accounts
Whether you’re a first-time homebuyer or an experienced homeowner who’s been both the buyer and the seller, escrow accounts are things you need to be familiar with. Here are a few brief need-to-knows and reminders about escrow accounts to help you maneuver the home transaction process: What is an escrow account? An escrow account refers to an account,...
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Posted on 11/13/2022
Real estate terms for first-time homebuyers
For many first-time homebuyers, knowing common real estate terms can help prevent the feeling of information overload. Once you learn the language real estate agents use, you may feel much more comfortable in your quest to find your dream home. Here are some helpful real estate terms to know: Contingent You’re likely to encounter the term “contingent” when...
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Posted on 08/07/2022
Simple benefits of escrow accounts
Escrow accounts are typically handled by a neutral third-party provider. These providers are often banks whose only interest in the transaction of residential real estate is to ensure materials, funds and other important documents are properly handled and distributed to the appropriate parties. These institutions typically carry coverage, and if you’re already familiar with or bank with these...
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