Closing Information: What You Need to Know

Be sure to note the basics of closing information! When going through escrow, it’s important to understand the important information of closing statements and fees! We’ve put together an explanation of what you need to know about these! What is it? A closing statement is a document to reflect the purchase price, the funds deposited … Continue reading Closing Information: What You Need to Know

Funds in Escrow: Ownership Questions

What is Escrow? Escrow is a real estate term; when money or property is "held in trust" by a third party and can only be turned over to the grantee once certain conditions are met. Ownership Questions When funds are held in escrow, it can be confusing as to the ownership of said funds. There … Continue reading Funds in Escrow: Ownership Questions