What is Earnest Money, Exactly?

What is Earnest Money, Exactly?

Buying a home is an expensive investment. From paying appraisal fees, inspectors, and purchasing a title insurance policy, there are many closing costs to be aware of. When buying a home in a tight housing market, one cost you may have not heard of is earnest money,...
Standard vs. Enhanced Title Insurance Explained

Standard vs. Enhanced Title Insurance Explained

While title insurance may be viewed as just another extra cost, it actually provides value to the homeowner. Title insurance is used to protect you from any past title defects associated with the home. There are two types of title...
What is Escrow on a Mortgage and How Does it Work?

What is Escrow on a Mortgage and How Does it Work?

If you’re using a mortgage to purchase a home, you’ve probably heard the word “escrow” used in a few different contexts. In most cases, your lender will require you to have an escrow account before continuing with the mortgage process. But what...