In the real estate industry, the term “escrow” can refer to two distinct concepts with each an important part of the property buying process. If you are involved in buying a home, know the difference between “being in escrow” for a real estate...
Title insurance protects homeowners and lenders from potential disputes over property ownership and title defects. When purchasing a home, obtaining title insurance can be a requirement for a seller and/or buyer but they rarely understand what kind of coverage they...
Did you see our social media posts about real estate industry jargon? Here’s a handy glossary – from A to Z- to help you understand some key terms: A – Abstract of Title An Abstract of Title is a detailed document that outlines the history of a...
Mason County agents! Need clock hours? For your convenience we are offering two, in-person, 3 clock hour courses at our Land Title Company – Shelton office location (930 West Railroad Avenue). Both courses run 9:30am – 12:30pm. Click below and register...
Understanding the mechanics of loan assumptions and the role of escrow is crucial for home purchasers when navigating a transaction involving a conventional or VA loan assumption. A loan assumption occurs when a buyer takes over the seller’s existing mortgage...
