Should you sell your home? It seems like a simple question, yet ask 10 people and you will likely get 10 different answers. Within real estate markets there always seems to be so much conflicting information. Plus, everyone thinks they are an expert! Even people who...
Arriving at the closing table is an exciting culmination to a real estate transaction. For buyers, in addition to purchasing a property, they are also acquiring home insurance, possibly a home warranty, and two types of title insurance. The first is a lender’s...
In the days leading up to closing, there are many documents that need to be prepared. As a buyer, you will be asked to review a lot of paperwork to ensure everything is in place for closing. One of the documents presented to you will be a Title Commitment Letter. At...
A Closing Protection Letter (CPL) is a contract between a lender and a title insurance underwriter in which the underwriter assumes liability for actual losses caused by a closing agent’s act of fraud, negligence, or incompetence. When Did Closing Protection Letters...
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...
