MYTH! While related, title and escrow services serve distinct roles in a real estate transaction. Title service focus on researching and insuring a property’s ownership rights while escrow services handle the financial aspects and facililtate the closing...
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...
