Why Wills Matter in Real Estate Transactions

Why Wills Matter in Real Estate Transactions

When it comes to transferring property after someone passes away, a valid will can make all the difference. For real estate professionals and their clients, understanding how wills impact real estate transactions can help avoid costly delays, probate issues, or even...
The Roles of Settlement Agent, Escrow Officer, and LPO

The Roles of Settlement Agent, Escrow Officer, and LPO

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...
What Does U.L.I.D. Stand For?

What Does U.L.I.D. Stand For?

In your real estate career you will come across numerous acronyms, and one that often raises questions is “U.L.I.D.”. What is a U.L.I.D.? U.L.I.D. stands for Utility Local Improvement District. It’s a special assessment, or financing tool, used by local governments to...