What Documents Will I Need After Closing?

What Documents Will I Need After Closing?

There are several important documents that you should obtain and keep after the closing process is completed. Store them in a safe, accessible location along with the survey used at closing. If you decide to refinance or purchase a new home, you’ll need these...
8 Important Steps to Purchasing a Home

8 Important Steps to Purchasing a Home

Are you thinking about buying a new home and are unsure of what steps you need to take? Some buyers find this process overwhelming, especially first-time homebuyers. But just like with anything else – Knowledge is power. Understanding and following these steps can...
What You Need to Know About Short Sale Escrow

What You Need to Know About Short Sale Escrow

A short sale, or pre-foreclosure sale, occurs when the net proceeds from a property are less than the current lien on the property. The lender must approve the transaction, accepting a “short payoff.” Oftentimes, lenders prefer a short sale over foreclosure. These...
Why It’s Important to Have an Escrow Account

Why It’s Important to Have an Escrow Account

If you have a mortgage, maintaining an escrow account is very important. New homeowners are sometimes unsure of what “escrow” is, so here’s a quick breakdown: First, your lender adds up how much the annual tax and insurance costs are on your home. Then, they evenly...