Home Refinance Escrow is Different than a New Purchase Escrow in These 3 Ways

Home Refinance Escrow is Different than a New Purchase Escrow in These 3 Ways There are several differences between new purchase and refinance mortgages, which naturally means there are also many differences between the escrow process for each type. The names of each loan are rather self-explanatory, with a new purchase mortgage being used to buy a new home while a home refinance mortgage allows...

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The 5 Most Important Steps of Commercial Real Estate Escrow

The 5 Most Important Steps of Commercial Real Estate Escrow Residential real estate is often difficult to grasp, so it’s understandable that commercial real estate is also viewed as a complex process. One of the most important aspects of both types of real estate is the escrow process. Escrow is the process where a neutral third party holds funds while the buyer and seller meet...

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Follow These Four Suggestions if You Want to FSBO Your Home

Follow These Four Suggestions if You Want to FSBO Your Home Selling your home without a real estate agent may feel like a daunting prospect, but it’s actually a lot easier than many assume. However, that’s not to say you don’t have a lot of work when undertaking the for sale by owner (FSBO) process, as you are taking on all the roles and responsibilities...

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What 5 Things Should a Real Estate Agent Always Tell Their Buyers About the Escrow Process

What 5 Things Should a Real Estate Agent Always Tell Their Buyers About the Escrow Process The escrow process may seem rather daunting – especially for first-time buyers – but a good real estate agent should make things easier. Becoming a homeowner is no easy feat, and even once you enter the escrow process there is a still a lot of work to be done...

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3 Differences Between Escrow Services on a Home Loan Refinance Vs. a New Home Purchase

3 Differences Between Escrow Services on a Home Loan Refinance Vs. a New Home Purchase There are some notable differences between refinance and purchase loans, so it’s little surprise that escrow services also differ between each type of loan. As the name suggests a new home purchase loan is a mortgage for financing the purchase of a new home, whereas a home loan refinance is...

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4 Reasons to Cancel Escrow When Buying a House

4 Reasons to Cancel Escrow When Buying a House As escrow is a financial agreement between two parties, there are certain fees deposited relating to the value of the transaction, so if this agreement is canceled by the buyer then they are liable to lose their deposited fees. So, canceling an escrow agreement is likely to cost a buyer a fair amount of money, meaning...

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3 Benefits of Using Home Staging When Selling Your House

3 Benefits of Using Home Staging When Selling Your House Home staging is the art of preparing your house before selling it. It is a proven technique that sells homes relatively faster as most of the house’s features are highlighted through color choices, accent placement, furniture arrangement, etc. A properly staged house is shown to buyers at its best condition, so it is an investment...

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Buyers Love to See These 4 Things in a Home

Buyers Love to See These 4 Things in a Home Selling your home is often easier said than done, especially for those doing so the first time, but there are a lot of small things you can do to help encourage buyers to make an offer or at least garner some interest in your property. Let’s take a closer look at some things that buyers...

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4 Things to Look for in the Neighborhood Where You Are Considering Buying a Home

4 Things to Look for in the Neighborhood Where You Are Considering Buying a Home When you start thinking about looking for a new home to buy or rent, one of the first things you should always consider is the neighborhood you will be living in. Nothing can be worse than falling in love with a new home, only to find out it is located...

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3 Ways to Save Money When Purchasing a Mobile Home

3 Ways to Save Money When Purchasing a Mobile Home If you want to purchase a mobile home, you should consider many factors before finalizing your decision. Prices of both new and used mobile homes vary considerably depending on many factors. Mainly, these factors include the type of home you are looking for, the price competition in the area, and the location of the dealership....

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