Understanding Escrow in Real Estate If you’ve ever made a bet with a friend, you may have asked a third person to hold the money until the wager was resolved. When you take out a mortgage to buy a home, you’re doing something similar by opening an escrow account. When you put money in escrow…

How to Buy a Forclosure It is a fact that banks want to dispose of the property that they acquire, but that doesn’t necessarily mean they’ll give it to you without trying to make a profit. If you want to make sure that you get the best deal there is when you buy a foreclosed…

Getting the Ball Rolling on Buying Your First Home Buying a house is potentially one of the biggest things you will do in your lifetime and with so much to do it can be tough to know where to start. At the closing table with you at the end of the process will be two…