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....
In real estate, every transaction depends on teamwork. From lenders to inspectors, title and escrow, everyone has their part in the process, but they all share one goal: closing the deal. After all, no one gets paid unless the transaction is completed! That’s why...
Certain administrative tasks may seem like small details, but they can have significant ramifications if left unattended. One such detail, the reconveyance, plays an essential role in ensuring clear title and avoiding potential headaches down the line. Why do they...
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...
