Money Matters – Blueprint Title

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

What are the Closing Costs?

Closing What are the Closing Costs? Facebook Twitter Linkedin In addition to the purchase price of a property, there are other fees and expenses that are required to be paid in connection with the transaction. As many of these fees and costs are paid at closing, we refer to them collectively as closing costs. Closing… Continue reading What are the Closing Costs?

What is Disbursement?

Post-Closing What is Disbursement? Facebook Twitter Linkedin Disbursement is the process of verifying incoming funds and releasing payments to all parties that are involved with the transaction. While conceptually simple, the disbursement process requires diligent work before and after closing to ensure that all funds are collected and distributed correctly. Disbursement occurs after all documents… Continue reading What is Disbursement?

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