Going to the closing table is an exciting time. It's the culmination of finding the right property for your needs, and getting everything in order to make it yours. But if you're not sure what closing is like, or what you're supposed to be receiving, you might have some questions. Typically, at closing you'll sign…
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Escrow: all you need to know
Property transactions usually involve escrow, but not everyone has a good understanding of what escrow actually is used for and why it's so important. Here's what to consider when you're thinking about buying, selling, or refinancing a property. WHAT DOES ESCROW INVOLVE? When you use escrow in a property transaction, it's generally for one of…
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Understanding the Need for, and Value of, Title Insurance
One of the most important expenses you'll make in the process of buying a new home is purchasing title insurance. This type of insurance provides protection for as long as you own the home. During the purchase transaction, a title insurance company will trace the title of the property in question to make sure there…
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What Typically Happens on Closing Day?
Closing day is an exciting time for buyers and sellers. It is the day when all the paperwork is signed and the process of transferring property ownership begins. If you are prepared and know what to expect you can help the closing go smoothly, so you can get it done and get back to your…
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