What is Escrow?

Money Matters What is Escrow? Facebook Twitter Linkedin In real estate transactions, you’ll hear the word escrow used often. All closing transactions will have an escrow officer or attorney managing the transaction throughout the title clearing process, organizing document preparation, preparing figures for the settlement statement (or closing disclosure), and overseeing the details for closing… Continue reading What is Escrow?

What is Earnest Money?

Money Matters What is Earnest Money? Facebook Twitter Linkedin In real estate transactions, there are several steps between making an offer, signing a real estate purchase agreement, and completing the transaction. During those steps, any number of problems can arise. Those problems may cause the buyer to want to, or even be forced to, back… Continue reading What is Earnest Money?

Property Taxes and Real Estate Transactions

Money Matters Property Taxes and Real Estate Tranasctions Facebook Twitter Linkedin The only certainties in life are death and taxes. Taxes are also a certainty in real estate transactions. There are tax implications of a real estate transaction on both the buyer and the seller. It is worth understanding how taxes work within a transaction,… Continue reading Property Taxes and Real Estate Transactions