by kramoltz@hotmail.com | Aug 18, 2016 | Home Buying, Title Insurance + Escrow
PrePaids. These are buyer costs for things like real estate taxes, homeowners insurance, and loan interest. Real estate taxes are prorated between buyer and seller based on what time of the year a closing occurs, and the buyer pays its share up to the date of closing...
by kramoltz@hotmail.com | Jul 11, 2016 | Home Buying, Selling Your Home, Title Insurance + Escrow
Escrow and Title. The 2 main costs charged by escrow companies in Arizona are the escrow fee and the premiums for the title insurance policies. The standard AAR contract used here states that the escrow fees will be split equally between buyer and seller, and the...
by kramoltz@hotmail.com | Aug 3, 2015 | Home Buying, The Attorney-Broker Advantage, Title Insurance + Escrow
Do you know what to look for in the preliminary title report/commitment? Your agent should, because the report can reveal negative matters that can hurt you. The report shows what matters are on the title of the home, what are excluded from coverage, and what the...
by kramoltz@hotmail.com | Feb 9, 2015 | Home Buying, Title Insurance + Escrow
When buying a home or refinancing your existing mortgage, you should ask whether you are entitled to a title insurance discount. Reduced premiums are often available, yet usually are not volunteered or offered. When considering how much that insurance can cost, it...