Los Angeles Real Estate Advice: The A,B,C’s of Property Taxes
You’ve purchased a home, congrats! Now that the transaction is complete, the paperwork is signed and the keys are in your hand, the joys of Los Angeles real estate homeownership can begin. Property taxes are not necessarily a joy of…
Tips on How To Get a Smooth Closing and a Successful Escrow
Escrow is a vital element in the process of buying and selling a home as it is the manner in which funds are secured and dispersed. It is a complex procedure with many moving parts and potential for complications, but there are various ways to simplify the process and work toward a smooth and successful closing.
Customer Tips on How to Have a Smooth Escrow
There are a plethora of things that can add days to an escrow, such as appraisal issues, underwriting delays, lender conditions, repairs…to name a few. A very important component to all this is the customer. The customer plays an essential role in assuring that the loan process goes smoothly.
Opening Escrow: What You Need to Know about the Escrow Process
Many people have seen the words “in escrow” accompanying a “for sale” sign on a listed real estate property, but what does “in escrow” really mean exactly?
What it means is that the Seller has accepted an offer from a buyer to purchase the property and both parties have entered a process that will be handled by an escrow company. Like with most real estate transactions and unlike most purchases for goods and items, a buyer can’t take possession of the property the day the offer is accepted, while at the same time, the Seller cannot have access to the purchase funds. Therefore, the sale is technically NOT finalized.
Get to Know Escrow: How Escrow Can Help You with Your Real Estate (and Other) Transactions
If you are one of those individuals who have never been involved in a real estate purchase before, chances are, you don’t know what escrow is. I certainly didn’t know what Escrow was until I started working in an escrow office. So if you don’t know what escrow is exactly (like many other individuals out there), let me give you a brief explanation of what I like to tell my friends.
Find the True Value of Your Home: The Importance of Knowing the Real Numbers in Real Estate
Nowadays with all the technology at our doorstep we get lazy at times to do true research. This has especially been the case when it comes to knowing the true value of a home. With so many foreclosures, short sales, and trust deed sales, we cannot just rely on the data from the county recorder’s office or Zillow.
