The following will familiarize you with terminology regarding Real Estate
Process of an Escrow
A diagram illustrating the process of an escrow. Escrow is the neutral third party that handles the exchange of funds and the exchange of title to a property. (The term escrow is also used in a separate context to mean the impounding account that collects money from a mortgage payment and disburses funds for payment of homeowner insurance and taxes as due).
Mortgage Rates Information
If you want to view up to date Mortgage Rates and to learn about the different Purchasing and Refinancing Programs that are available I recommend you check out this page!
What is Title Insurance
A title insurance policy protects a real estate owner or lender against any loss or damage they might experience because of liens, encumbrances, or defects in the title to said property, or the incorrectness of the related search.
Reasons for Title Insurance
Title Insurance will protect you against a loss on your home or land due to a title defect. A deed or mortgage in the chain of title may be a forgery.