What is Title and Escrow? When a buyer and seller agree on a home’s sale price and sign a mutually acceptable purchase agreement (yay!), the buyer will deposit the earnest money into the title and escrow company’s account — sort of like a good faith...
Closing Costs By JAMES CHEN, Investopedia What Are Closing Costs? Closing costs are the expenses, over and above the price of the property, that buyers and sellers normally incur to complete a real estate transaction. Costs incurred may include loan origination fees,...
Understanding Mortgage Closing Costs By DEBORAH KEARNS, Investopedia Getting a mortgage isn’t free. Before you get those house keys, you’ll go to the closing table to sign loan documents and paperwork that transfers home ownership from the seller to you. Throughout...
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