Key TakeawaysHomeowner’s insurance protects the structure and contents of your home; title insurance protects your ownership of the land and…
Key TakeawaysListing photos are the most viewed content on any real estate listing — poor photos reduce showing requests even…
Key TakeawaysThe Good Faith Estimate (GFE) was the mortgage disclosure document used before October 2015; it has been replaced by…
Key TakeawaysYes — title insurance can technically be purchased after closing, but anything that arises in the gap between closing…
Key TakeawaysA title company verifies the seller has the legal right to sell and issues title insurance; a settlement agent…
Key TakeawaysYou will encounter two underwriters at closing: a financial underwriter (loan approval) and a title insurance underwriter (deed-risk approval).The…
Key TakeawaysA 1031 Exchange lets real estate investors defer capital gains taxes by reinvesting proceeds from a sold investment property…
Key TakeawaysIn the DMV, earnest money is most often held by the listing brokerage in the principal broker’s escrow account…
Key TakeawaysWet funding states (Virginia, DC) disburse funds on the day of closing — the buyer, seller, and lender all…
Key TakeawaysTitle insurance premiums are calculated on a rate per thousand applied to the home’s purchase price — e.g. 0.6%…