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Tag: Earnest Money

Real Estate Terminology for Home Buyers. If you’re just getting into the home buying process, you’re going to run into a whole vocabulary

Real Estate Terminology for Home Buyers

Real Estate Terminology for Home Buyers. If you’re just getting into the home buying process, you’re going to run into a whole vocabulary full of new words, here are a few to help you feel less lost as you begin. Appraisal. Your mortgage lender will require an appraisal of the home you plan to purchase […]
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What is Escrow? If you’re starting the home buying process, you’ve heard the term “escrow”. What is that exactly, and how does

What is Escrow?

If you’re starting the home buying process, you’ve heard the term “escrow”. What is that exactly and escrow, and how does it apply to buying a home? It refers to an account where money is held by a third party until a certain condition of a situation has been met, then the funds are released […]
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