Escrow / Closing

Mortgages - All Types Purchase, Refinance, and Home Equity. Get Insurance Quotes! Home, Auto, Life, Health Have you removed all your personal property items? Have you left the property in the condition you promised you would? Is the Sale Price and payoff information correct on your closing documents? Were you given credit for any items agreed upon to be credited […]

Mortgages - All Types Purchase, Refinance, and Home Equity. Refinance Today Rates are rising, switch to a fixed rate today. Qualify for free online. Have you made a final walk-thru inspection of the property? Is the condition of the house or property as it should be? Are there any personal property items left behind by the Seller. Is […]

Broker: This is the person who represents the buyer/seller during a real property transaction. When buying or selling real estate through a broker, you are protected by dealing with a party who is operating under state license. Escrow: This means to deposit money and documents with an escrow agent, usually in the […]

When you sit down for your closing, whether it is at a title insurance company, an escrow office, an attorney’s office, or any other location, you will be asked to sign a number of documents. Among those documents will be your loan papers, if you are taking out a loan, which the lender submitted to […]

This summary is merely a general reference guide. Local practices within your city or county may differ. Contact a local title company or real estate attorney for specific information. This is not intended as legal advice, but merely as a general reference guide. Attorneys and title companies handle closings. Conveyance is by warranty deed. Mortgages are […]

(1) What is an escrow? (2) How is an escrow started? (3) How will you hold title? (4) What is title insurance? (5) How is an escrow closed? 1. What is an escrow? Escrow is defined as a process where parties deposit instructions and funds with a “disinterested” third party until conditions of the instructions are met. This applies whether the […]

Who controls the closing date for escrow, the Buyer or the Seller? When you make an offer to purchase a property, you will sign a Purchase or Purchase and Sales Agreement with the Seller. This document will be the binding contract and agreement between you and the Seller and the provisions in that document will spell […]

Here’s a checklist that may help your loan closing go smoother: Confirm the time and location. When your escrow officer or notary signing agent schedules your appointment, confirm the time and location before you end your conversation. If you are meeting at a location you’re not familiar with, ask for directions. Online maps are helpful but […]