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...
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...
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...
