by faxonsettlement | Apr 4, 2018 | Title and Closing
Realtors are not paid by the hour or paid for their vehicle expenses to bus clients around while looking at homes. The realtor is compensated once the closing has taken place on your dream home. The realtors’ commission is a percentage of the sales...
by faxonsettlement | Aug 27, 2017 | Title and Closing
The video shows why it is so important to purchase a title insurance policy when purchasing real property. Here are a few of the most common questions when purchasing title insurance: Why is it important to purchase title insurance when buying a home (single...
by faxonsettlement | Apr 3, 2014 | Title and Closing
Purchasing a home is exciting. Once escrow begins, the excitement can change to frustration, particularly if you are not ready for the closing costs that quickly accumulate. Closing costs simply refer to the fees associated with various things associated with...
by faxonsettlement | Jan 13, 2014 | Title and Closing
As we show you in this video, an escrow account is an account, established by your lender, to set aside a portion of your monthly mortgage payment to cover annual charges for homeowner’s insurance mortgage insurance (if applicable), and property taxes....
by faxonsettlement | Jan 13, 2014 | Title and Closing
For most real estate loans, you will receive a Closing Disclosure 3 business days before loan consummation – which frequently happens at the closing meeting. At the meeting itself you should receive a copy of your Mortgage Note – your obligation to repay- your...
by faxonsettlement | Jan 13, 2014 | Title and Closing
What you’ll see in this video is, there may be closing costs customary or unique to a certain locality but closing costs are usually made up of the following: Attorney’s or escrow fees (Yours and your lender’s if applicable) Property taxes (to cover...
