What is Escrow?

What is Escrow?

The process of buying a home can be confusing. You’ll hear a lot of terms being tossed around— some that you may understand and some that may leave you scratching your head.  Escrow might be a term that sounds like a foreign language to many first-time homebuyers....
What Happens During the Escrow Phase?

What Happens During the Escrow Phase?

Purchasing a house is one of the most exciting, nerve-wracking experience a person can go through. While the idea of finally owning a place of your very own is certainly thrilling, everything that happens before you get the keys to your front door can be confusing....
Issues Home Inspectors Look For

Issues Home Inspectors Look For

Home buyers will hear that it is essential to enlist the services of a home inspector — this crucial step, they’ll be told, prevents them from being met with nasty and costly surprised after they have already closed on the home. What can home inspectors see that...
3 Things You Should Know Before Opening Escrow

3 Things You Should Know Before Opening Escrow

Closing on a home can be intimidating as well as exciting. Before opening escrow, which exists to keep all parties’ funds safe, you should know that regulations vary from state to state. The escrow agent is a neutral party equally responsible to both sides. In some...
Who Pays Escrow Settlement Fees?

Who Pays Escrow Settlement Fees?

An escrow agent will hold the funds for a real estate transaction as a neutral third party until the conditions of the contract and sale have been fulfilled by both parties in full. These agents can be a person or an entity, and they function as a safeguard to protect...