by hrichards | Apr 20, 2020 | Title and Closing
The term “investor friendly” title company is thrown around a lot in the real estate world. Unfortunately, some automatically attach a negative connotation to the term not understanding it’s actually a very specialized knowledge and skill set assigned to title...
by rtrtitle | Dec 9, 2019 | Title and Closing
Like the video says – real estate agents aren’t paid by the hour!They’re paid a percentage of the purchase price in a successful real estate transaction. When one agent represents the sellers and another represents the buyers the commission is...
by rtrtitle | Dec 9, 2019 | Title and Closing
As we show you in this video, an escrow account is an account, established by your lender, to set aside a portion of your monthly mortgage payment to cover annual charges for homeowner’s insurance mortgage insurance (if applicable), and property taxes. Escrow...
by rtrtitle | Dec 9, 2019 | Title and Closing
For most real estate loans, you will receive a Closing Disclosure 3 business days before loan consummation – which frequently happens at the closing meeting. At the meeting itself you should receive a copy of your Mortgage Note – your obligation to repay-...
by rtrtitle | Dec 9, 2019 | Title and Closing
What you’ll see in this video is, there may be closing costs customary or unique to a certain locality but closing costs are usually made up of the following: Attorney’s or escrow fees (Yours and your lender’s if applicable) Property taxes (to cover...
by rtrtitle | Dec 9, 2019 | Title and Closing
While this video simplifies things to help you remember: you’ll present your paid homeowner’s insurance policy or a binder and receipt showing that the premium has been paid. The closing agent will then list the money you owe the seller remainder of down...
