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…
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.
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.
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.