During the height of the Coronavirus pandemic, the economy suffered severe economic blows. As a result, mortgage rates were pushed down to keep money flowing. Now, the economy has recovered for the most part.
An independent escrow company, regulated by the Department of Business Oversight 302 E. Rowland Street Covina, CA 91723 What is Escrow? It is a process not a product Escrow is the deposit of money and documents by two or more parties with a neutral third party that are held by the third party until certain … Continue reading Scary Escrow stories
If you retain a great real estate agent to help the search, and a reputable escrow company to manage the funds, 2021 remains a great time to buy a home.
A mobile home is a large trailer or transportable prefabricated structure that is situated in one particular place and used as a permanent living accommodation.
Review the wire instructions. Check for typos, grammatical errors, suspicious names of banks or anything else out of the ordinary.
A reverse mortgage loan, like a traditional mortgage, which allows homeowners to borrow money using their home as security for the loan.
Here’s how to find a neighborhood’s hot potential. For some home buyers, selecting a diamond in the rough is not only a welcome challenge but marks the beginning of an up-and-coming neighborhood. Getting into a community before it becomes the next big thing is the key to stretching your dollar! If you skipped by that village … Continue reading 3 Signs of an Up and Coming Neighborhood
Determine when you’ll need to start an escrow account. Escrow services are available when one party needs to make funds, a deed, or another instrument available to another party upon completion of a particular condition or event. In short, your escrow officer is the middle man for a service that relies on the exchange of … Continue reading When Do I Need Escrow Services?
Escrow accounts can allow you to pay insurance and taxes when the mortgage is due. Many first-time buyers are caught up in the process of packing, organizing, and signing a plethora of paperwork. These couples, individuals, and families often need additional help managing the costs of home ownership, such as taxes and insurance. After all, … Continue reading What Does an Escrow Payment on a Mortgage Mean?