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...
Facilitating the Payoff of Utilities at Closing

Facilitating the Payoff of Utilities at Closing

A smooth property closing process is the goal for all parties involved and understanding how final utility payments are handled is important. In the State of Washington, unpaid utility charges can become liens on the property, rather than attaching to the owner of the...
Using a Title Company to Navigate the Sale of Inherited Property

Using a Title Company to Navigate the Sale of Inherited Property

Title insurance is a critical safeguard when selling inherited property, particularly in probate sales, where unexpected title challenges can arise. When someone passes away, their assets, including real estate, are distributed through a will or probate, a...
Is Your Title Company Proactive in Preventing Fraud?

Is Your Title Company Proactive in Preventing Fraud?

  As a real estate professional, you do your best to educate and protect your clients from fraud and scams. You watch for anything suspicious, such as requests to sell a property below market value, communication only through electronic means, or requests for a...

What Are Real Estate Commissions?

Like the video says – real estate agents aren’t paid by the hour!They’re paid a percentage of the purchase price in a successful real estate transaction. When one agent represents the sellers and another represents the buyers the commission is...