One word that often creates confusion for real estate clients—and sometimes even brokers—is “escrow”. You may have seen an earlier blogpost about the different definitions of escrow: As a broker, being able to clearly explain what escrow is and why it is...
In the real estate industry the titles Settlement Agent, Escrow Officer, and Officer (LPO) are sometimes used interchangeably, but they have distinct responsibilities that impact how a transaction is handled. Settlement Agent: The Big Picture Coordinator A Settlement...
REGISTER NOW! Knowing what happens behind the scenes in your real estate transaction—and understanding how to read a settlement statement—provides transparency, confidence, and financial awareness in one of the most significant financial transactions of your life....
An Escrow Settlement Statement, also known as the TRID form, HUD, or Escrow Closing Statement, is an important document in real estate transactions. This form provides a detailed breakdown of all financial transactions involved in the purchase or sale of a property....
