A Closing Agent, in some states known as a Settlement Agent, is a professional who is trained in real estate transactions and legal compliance. The agent coordinates the accurate and compliant closing of real estate transactions. The closing or settlement takes place...
To properly answer this question it is necessary to first clarify between two distinct types of title insurance: Lender’s Title Insurance and Owner’s Title Insurance. A lender’s policy is required by most banks and mortgage companies to protect their interest in...
Closing day. Whether you’re the buyer or seller, it’s a big day! You are either becoming the owner of a property, or you are surrendering ownership in return (ideally) for financial gain. Perhaps your transaction went smoothly, or perhaps there were bumps in the road,...
When purchasing a home, there are different types of insurance involved in the buying process. The terms can be confusing, and buyers may not realize that they need different policies to protect against unique situations. While securing homeowner’s insurance seems a...
Purchasing a home, whether it’s your first home or your tenth, always involves important decisions at the beginning of the home buying process such as qualifying for a mortgage loan. Selecting the right lender can have a significant impact on your home buying process....
