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How are Property Liens Handled?

How are Property Liens Handled?

A lien is a legal claim on a property by a creditor, securing repayment of a debt or obligation. It must be resolved to clear the title, affecting the property's sale or transfer until the debt is satisfied. A title and escrow company can assist a property owner in...

The Concepts of “Escrow” Explained!

The Concepts of “Escrow” Explained!

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 transaction and an...

Understanding Title Insurance Policies: A Guide

Understanding Title Insurance Policies: A Guide

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...

Understanding Key Terms in Title and Escrow

Understanding Key Terms in Title and Escrow

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 property, including...

Escrow and Loan Assumptions

Escrow and Loan Assumptions

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 under...

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