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How to Calculate Escrow

How to Calculate Escrow

The process of buying a house is stressful for most people. It requires paperwork and large sums of money to cover expenses like the downpayment and closing costs, not to mention packing up and moving everything you own. Getting a mortgage also involves some new...
What Sellers Need to Know About Closing Day

What Sellers Need to Know About Closing Day

What is closing on a house? Closing day is a meeting that finalizes a real estate transaction. It officially transfers ownership of the home over to the buyer, and the seller receives payment for the sale. But before this can occur the buyer and seller need to go...
Should You Use Escrow When Buying a Car?

Should You Use Escrow When Buying a Car?

Escrow services aren’t just for new homeowners. An escrow account protects both people involved in a financial agreement. So do you need escrow when buying a car? Not if you’re driving it right off the lot. But if you’re buying a car from a stranger, an auction site,...
How to Spot a Real Estate Scam

How to Spot a Real Estate Scam

Unfortunately, it’s not uncommon for home buyers to get caught up in a real estate scam. Thousands of victims have reported housing fraud to the FBI via their Internet Crime Complaint Center. Get savvy about the telltale signs. Here are five common real estate scams...